The guidance issued by the Appraisal Practices Board is considered:

The guidance issued by the Appraisal Practices Board is classified as voluntary because it serves to support and enhance the understanding and practice of appraisal but does not carry the force of law or regulation. This means that while appraisers are encouraged to adhere to this guidance to ensure best practices and improve the quality of their work, they are not legally required to follow it.

This type of guidance offers recommendations and insights on how to approach appraisal issues, helping appraisers make informed decisions based on prevailing practices and standards in the field. The voluntary nature recognizes the diverse circumstances in which appraisals occur and allows professionals some latitude in how they choose to apply the guidance in their specific situations. This flexibility helps practitioners use their judgment while striving toward consistency and quality in appraisal practices.