(From a Local Dealers Perspective) By Patrick Wolf Transitioning the farm to an LLC? Estate planning? Trying to qualify for a loan? For these situations and many others, your attorney or lender may request that a professional equipment appraisal be completed as part of the process. The attorney or lender may recommend a certified […]
Equipment Appraisal FAQs What is ASAA and what does it stand for? ASAA is the professional organization that Machinery Scope is an accredited member of. ASAA stands for American Society of Agricultural Appraisers. What does USPAP stand for? USPAP stands for Uniform Standards of Professional Appraisal Practice and is the organization that sets the guidelines […]
When Should You Have Your Ag Equipment Appraised? There are times in every farmers life when you will need to make difficult decisions about your farm operation. You might have to decide how to fairly pass the farm to the next generation, or you might have to dissolve a partnership or form a corporation. These […]