What is a USPAP Appraisal?

A USPAP appraisal refers to an appraisal that adheres to the Uniform Standards of Professional Appraisal Practice (USPAP). These standards are the generally recognized ethical and performance standards for the appraisal profession in the United States. They apply to all types of appraisal services, including: Real estate: This includes appraisals of residential, commercial, and industrial…