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What tis tUSPAP? t- tcorrect tanswers.Uniform tStandards tof tProfessional tAppraisal tPractice
Why twas tUSPAP tdeveloped? t- tcorrect tanswers.To tpromote tand tmaintain ta thigh tlevel tof
tpublic ttrust tas twell tas tconfidence tin tprofessional tappraisal tpractice
What tare tthe tbenefits tof tUSPAP? t- tcorrect tanswers.1) tProvides ta tcommon tbasis tfor
tcomparison t(eg tare twe tdoing tthe tappropriate twork tfor tthe ttype tof tassignment?)
2) Provides ta treference tsource tfor tall tusers tof tthe tdocument.
3) Provides ta tbasis tfor tuniform tenforcement tfor tstate tregulatory tagencies.
4) Provides ta treason tfor tclients, tother tintended tusers, tand tthe tpublic tto tplace ttheir ttrust tin
tthe tservices tperformed tby tprofessional tappraisers.
What tis tthe trole tof tthe tAppraisal tStandards tBoard t(ASB) tof tThe tAppraisal tFoundation? t-
tcorrect tanswers.To tdevelop, tinterpret, tand tamend tthe tUniform tStandards tof tProfessional
tAppraisal tPractice t(USPAP).
What tare tthe tfive tsections tof tUSPAP? t- tcorrect tanswers.Preamble tDefinitions
Rules
Standards t(Including tStandards tRules)
Statements ton tAppraisal tStandards t(currently tno tactive tstatements)