Mar 24, 2017 - 11:11 AM
To your main point, however, if there is no client there can be no assignment. The 2016-17 edition of USPAP defines assignment as:
1) An agreement between an appraiser and a client to provide a valuation service; 2) the valuation service that is provided as a consequence of such an agreement.
Note: The Appraisal Standards Board has adopted a revision to the definition of assignment for the 2018-19 edition of USPAP, which will be changed to:
a valuation service that is provided by an appraiser as a consequence of an agreement with a client.
As you can see in both definitions, there must be a client in order to have an assignment.
Having said that, lines 105-107 in Advisory Opinion 21, USPAP Compliance, make it clear that a workfile is only required for appraisal and appraisal review assignments:
The RECORD KEEPING RULE applies to appraisal and appraisal review assignments. For other assignments, there are no workfile or record keeping requirements in USPAP. The SCOPE OF WORK RULE also applies only to appraisal and appraisal review assignments.