USPAP (Uniform Standards of Professional Appraisal Practice)

USPAP, or Uniform Standards of Professional Appraisal Practice, is a set of guidelines that licensed appraisers follow to ensure their property valuations are ethical, consistent, and credible. It establishes standards for the appraisal process, including how to gather information, analyze data, and report findings. The goal is to maintain trust and integrity in real estate and other property appraisals, protecting clients and the public by providing fair and unbiased assessments. USPAP is regularly updated and mandated by licensing authorities to promote high-quality, professional appraisal practice nationwide.