appraisal standards

What Is The Purpose Of Uspap?

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What Is The Purpose Of Uspap? USPAP contains standards for all types of appraisal services including real property, personal property, business valuation and mass appraisal. The purpose of USPAP is to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers. What is the stated purpose of USPAP?

What Does Uspap Say About Market Value?

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What Does Uspap Say About Market Value? What does Uspap say about market value? Market Value is described in the Uniform Standards of Professional Appraisal Practices (USPAP) as “a type of value, stated as an opinion, that presumes the transfer of a property (i.e., a right of ownership, or a bundle of such rights), as