USPAP Standards 1-4
The Real Property Development, Real Property Reporting and Appraisal Review Standards of the Uniform Standards of Professional Appraisal Practice (USPAP) (collectively, “Standards”) have been cited by the Federal financial institution regulatory agencies in their rulemaking for implementing Title XI of the Financial Institution Reform, Recovery and Enforcement Act (FIRREA). Click here to access Standards 1-4.
In addition to these Standards, USPAP contains Standards for mass appraisal, personal property and business valuation. The USPAP book also includes important guidance in the form of Advisory Opinions and Frequently Asked Questions.
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