What is USPAP?
Uniform Standards of Professional Appraisal Practice, published by The Appraisal Foundation. Requires a scope of work sufficient for credible results and reconciliation of the approaches applied, not every approach in every assignment.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.