The decision to apply a jurisdictional exception in an assignment is based on what factor?

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Study for the McKissock 15hr National USPAP Test. Use flashcards and multiple-choice questions with hints and explanations. Get ahead in your appraisal career!

Multiple Choice

The decision to apply a jurisdictional exception in an assignment is based on what factor?

Explanation:
Jurisdictional exception is used when a law in the jurisdiction prevents you from fully complying with USPAP. The factor that determines whether to apply it is whether a law precludes compliance with USPAP. If such a law exists, you include a jurisdictional exception in the assignment and explain the source of the law and its effect on the appraisal. If no law precludes compliance, you follow USPAP fully without an exception. The decision is not about the appraiser’s experience, the client’s preference, or the property type.

Jurisdictional exception is used when a law in the jurisdiction prevents you from fully complying with USPAP. The factor that determines whether to apply it is whether a law precludes compliance with USPAP. If such a law exists, you include a jurisdictional exception in the assignment and explain the source of the law and its effect on the appraisal. If no law precludes compliance, you follow USPAP fully without an exception. The decision is not about the appraiser’s experience, the client’s preference, or the property type.

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