Code of Ethics
We Follow a Strict Code of Ethics for Machinery and Equipment Appraisals
Many attempts have been made to educate the public on how to protect themselves when it comes to obtaining and providing true machinery and equipment values. Oftentimes, people rely on surface-level information from an appraiser, which does not give an indication as to the level of accuracy or competency.
Capital Machinery and Equipment Appraisals is committed to preserving the public trust inherent in the appraisal process. The purpose of the Code of Ethics and Competency Appraiser Awareness Program is to protect the public from unsubstantiated or questionable machinery and equipment values. Our seal serves to alert the public to the documentation we know is necessary to prove that an appraiser is competent. This assures an appraisal will be substantiated, accurate, irrefutable, defensible and will withstand scrutiny.
Appraisers Who Comply with These 4 Strict Points PROVE that They Are Capable of Performing at the Highest Level of Ethical Excellence Deserving of the Public Trust.
1. Ethical Obligations – Each Capital Appraisal is USPAP (Uniform Standards of Professional Appraisal Practice) Compliant.
2. Advocacy Only of The Appraisal – We are an advocate only of the Appraisal, not of any person or entity, which maintains our objectivity.
3. Certification – We have earned through the NEBB Institute, an industry leader of machinery/equipment appraisal, brokerage, and professional organization, the professional designation of Capital Machinery & Equipment Appraiser (CMEA).
4. Defensible Appraisal – Comprehensive and substantiated estimates of value that hold up to scrutiny with lenders, buyers, sellers, courts, CPAs, attorneys, and others.