You need to know – What is USPAP?

YouNeedToKnowWeb500The Uniform Standards of Appraisal Practice (often abbreviated to USPAP) are the standards for quality and control for valuations of real property, personal property, intangible assets and businesses in the USA

Administered by The Appraisal Standards Board, which is a division of  The Appraisal Foundation

Licensed appraisers follow USPAP when producing their valuations