Uniform Standards of Professional Appraisal Practice (USPAP)

The Uniform Standards of Professional Appraisal Practice (USPAP) are guidelines established to ensure that appraisals of property, such as real estate or personal property, are performed ethically and competently. These standards provide a framework for appraisers to follow, promoting consistency, accuracy, and transparency in their valuations. USPAP covers principles such as integrity, objectivity, and confidentiality, guiding appraisers to produce reliable and unbiased reports. By adhering to these standards, appraisers help maintain trust in the appraisal profession and support fair market transactions.