American Society of Equine Appraisers

Code of Ethics



I.     The appraiser shall achieve and maintain a high level of competence, shall keep him or herself informed as to all        matters involving or affecting equine values, and shall accept only those assignments for which he/she has the        necessary background and qualifications.


II.   An appraisal assignment is a confidential undertaking between the appraiser and his/her client.  No information        regarding the appraisal assignment shall be disclosed to any third party without the express consent of the client.


III.  Although an appraiser may express an informal or preliminary opinion as to the value of equine, he/she shall not        do so until after he/she has obtained all of the pertinent facts and given them due consideration.


IV.  All information appraisal reports shall be in writing, shall be signed and dated by the appraiser, and shall include        the following as a minimum:
              1) A statement of the purpose for which the appraisal was made and a definition of the value estimated.
              2) A description of the equine being appraised.
              3) A summary of the facts upon which the appraisal is based.
              4) A statement of the conclusions reached, together with any applicable qualifications or limitations on the                   conclusions.
              5) A statement of the assumptions and conditions applicable to the appraisal and to the conclusions                   reached.
              6) A statement that the appraiser has no present or contemplated future interest in the equine being                   appraised, or a full and complete description of any such interest that may exist.


V.   The engagement to perform an appraisal and the fee charged shall be independent of the value reported.


VI.  In the conduct of his/her practice, the appraiser will at all times observe both the letter and the spirit of applicable        laws, regulations, and good professional practices.
       I hereby certify that I have read and understand the CODE OF ETHICS and agree to abide by them.


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By entering my name, date, and email address in this online form, I hereby certify that I have read and understand the CODE OF ETHICS and agree to abide by them. Once your Code of Ethics is submitted, you will be transferred to the secure payment site.