USPAP definition

USPAP means the Uniform Standard of Professional Appraisal Practice.

Examples of USPAP in a sentence

  • The appraisal was written, in form and substance, to (i) customary Fxxxxx Mxx or Fxxxxxx Mac standards for mortgage loans of the same type as such Mortgage Loans and (ii) USPAP standards, and satisfies applicable legal and regulatory requirements.

  • The appraisal must be prepared in accordance with DCA Appraisal Guide, meet USPAP standards, and must provide separate valuations for the land and existing buildings.

  • The appraisal requirements outlined in Part 24.103 are intended to be consistent with the Uniform Standards of Professional Appraisal Practice (USPAP).

  • USPAP) means the appraisal standards promulgated by the Appraisal Standards Board of the Appraisal Foundation.

  • Honesty, impartiality, and professional competency are required of all appraisers under USPAP Standards.


More Definitions of USPAP

USPAP means the Uniform Standards of Professional
USPAP means the Uniform Stand- ards of Professional Appraisal Practice adopted by the Appraisal Foundation.
USPAP means the Uniform Standards of Professional Appraisal Practice promulgated by the Appraisal Standards Board pursuant Title XI of the Federal Financial Institutions Reform, Recovery and Enforcement Act of 1989 (12 USC 3331 et seq.) published biennially by the Appraisal Standards Board of The Appraisal Foundation, 1155 15th Street N.W., Suite 1111, Washington DC 20005 (effective January 1, 2018 through December 31, 2019, no later amendments or editions).
USPAP means the Uniform Standards of Professional Appraisal Practice, issued and updated by The Appraisal Foundation and made state law under A.R.S. § 32-3610.