Which statement best describes when USPAP compliance could be triggered?

• A. Agreement with the client
• B. Voluntary choice by the appraiser
• C. All of the above
• D. Law or regulation

Answer: (C)

USPAP compliance can be triggered whenever you undertake an appraisal or appraisal-related task for which adherence to USPAP is appropriate. This can happen if the client requires USPAP in the engagement, if law or regulation mandates it for that type of assignment, or if the appraiser voluntarily elects to comply. Because each of these paths can bring USPAP into play, the most complete description is that all of these scenarios can trigger USPAP compliance. In practice, you’ll often see a client contract or regulatory requirement, and sometimes an appraiser chooses to comply voluntarily, which together explains why all of the above are valid triggers.