Provided by A Senior Certified Appraiser (PSCA) who is a member of the Professional Aircraft Appraisal Organization (PAAO) compliant with the Uniform Standards of Professional Appraisal Practice (USPAP) and using the International Valuation Standards (IVS). We offer valuation services competently while maintaining independence, impartiality and objectivity.
Certified appraisals supplied for aircraft parts and components. Values aircraft parts for serviceable or unserviceable, new or used and repaired or overhauled.
FAA TYPE CERTIFICATES & SUPPLEMENTAL TYPE CERTIFICATES
Valuation provided for FAA Type Certificates (TC) and Supplemental Type Certificates (STC) based on current market data and consideration for technical drawings, testing documentation, proprietary tooling and product population.
DAMAGE HISTORY DIMINISHED VALUE
Determination of market value impact of damage aircraft history established in view of damage location, type, severity, repair specifics, and aircraft fleet population.
COLLATERAL INSPECTION
Physical inspection of the aircraft, engine or component to establish present market value allowing for current market information and physical conditions.
Appraisals are compliant with the Internal Revenue Code for Noncash Charitable Contributions and estate personal property valuation.
USPAP AIRCRAFT APPRAISAL EXPLAINED
The Uniform Standards of Professional Appraisal Practice (USPAP) was established to promote and maintain a high level of public trust by establishing requirements for aircraft appraisers. The Appraisal Standards Board (ASB) of the Appraisal Foundation develops, publishes, interprets and amends the USPAP on behalf of appraisers and users of appraisal services. USPAP calls for the highest standards of professional ethics. USPAP compliant appraisals must be conducted by a qualified appraiser who has specialized knowledge, understanding and has successfully completed the stringent USPAP intensive course work while displaying proficiency. Standards 7 and 8 establish stringent requirements for the appraiser to develop and communicate their analyses, opinions and conclusions to the intended users of their services in a manner that is meaningful and not misleading.
While agencies such as PAAO offer training, testing and certification in aircraft appraisal, USPAP is not an agency which trains individuals in aircraft appraisal or which awards aircraft appraisal certification. Instead, USPAP addresses the ethical and performance obligations while providing stringent guidelines and requirements for experienced aircraft appraisers to offer USPAP endorsed aircraft appraisal.
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