Top 30 Questions & Answers About USPAP 2006

The 2006 Edition of USPAP reflects extensive changes resulting from the Appraisal Standards Board (ASB) examination of the proper role of the scope of work and departure concepts in the appraisal process. The ASB has provided appraisers with the Top 30 Questions This material provides answers from the ASB regarding some of the most common questions about these changes:

• What are the major changes in the 2006USPAP related to the scope of work and departure concepts?
• How does an appraiser know if the scope of work is adequate?
• What input does the client have to the scope of work decision?
• Do the new Fannie Mae forms comply with the 2006 USPAP?
• Does the SCOPE OF WORK RULE introduce any new reporting requirements?

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