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A new Regulation Z (12 CFR 226) of the Truth in Lending Act was adopted in 2008 (73 FR 44522) to help prevent the improper influence of appraisers and to reduce the chances that appraisers would be pressured to "hit" certain target property values or return pre-determined, unsupported valuations when appraising real property. [2]
The American Society of Appraisers (ASA) is an American nonprofit organization which serves as a professional affiliation of appraisers. The organization is a multi-discipline, voluntary membership, trade association representing and promoting their member appraisers. [ 1]
Uniform Standards of Professional Appraisal Practice Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories.
In San Jose, the property at 3100 North First Street was similar to one of the city's premier commercial destinations. Both properties became distressed assets that sold for pennies on the dollar.
The Downtown Historic District of San Jose, California is a designated U.S. Historic District area of the city roughly the size of one square block. It is bounded by S. First Street to the west, E. San Fernando Street to the south, S. Third Street to the east, and E. Santa Clara Street to the north, but also includes the south side of E. Santa Clara Street between Third and Fourth Streets. [2]
On March 3, 1992, Erhard sued CBS, San Jose Mercury News reporter John Hubner and approximately 20 other defendants for libel, defamation, slander, invasion of privacy, and conspiracy. [50] [51] On May 20, 1992, he filed for dismissal of his own case and sent each of the defendants $100 to cover their filing fees in the case. [52]
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