USPAP definition

USPAP means the Uniform Standard of Professional Appraisal Practice.

Examples of USPAP in a sentence

  • The fair market value of the Agricultural Land Easement will be determined at the time this Agricultural Land Easement is terminated, extinguished, or condemned by an appraisal that meets the Uniform Standards of Professional Appraisal Practice (USPAP) or Uniform Acquisition Standards or Federal Land Acquisition (UASFLA) that is completed by a certified general appraiser and approved by the Grantee and the United States.

  • Appraisals shall be performed according to the Uniform Standards of Professional Appraisal Practice (USPAP), and shall comply with applicable state and federal regulations.

  • An appraisal report, as discussed in USPAP Standards Rule 2-2(a), must be provided; restricted appraisal reports are not acceptable.

  • This format was formerly known as the self-contained reporting option, prior to the release of the 2014-2015 USPAP.

  • All real property appraisals must comply with Uniform Standards of Professional Appraisal Practice (USPAP).


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.