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What is Intended Use, Intended User & Client?

View this video and post for an overview of these concepts and how to use them.

Intended Use is defined as:

“The manner in which the intended users expect to employ the information contained in a report.”

Source: Appraisal Institute, The Dictionary of Real Estate Appraisal, 5th ed. (Chicago: Appraisal Institute, 2010).

Intended User is defined as:

“1. The client and any other party as identified, by name or type, as users of the appraisal, appraisal review, or appraisal consulting report by the appraiser on the basis of communication with the client at the time of the assignment. (USPAP, 2010-2011 ed.)

2. A party who the appraiser intends will employ the information contained in a report.”

Source: Appraisal Institute, The Dictionary of Real Estate Appraisal, 5th ed. (Chicago: Appraisal Institute, 2010).

Client is defined as:

“The party or parties who engage an appraiser (by employment or contract) in a specific assignment. (USPAP, 2010-2011 ed.)”

Source: Appraisal Institute, The Dictionary of Real Estate Appraisal, 5th ed. (Chicago: Appraisal Institute, 2010).

 

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