The Uniform Standards of Professional Appraisal Practice (USPAP) is the generally accepted standards of practice for the appraisal profession in the United States. The Appraisal Foundation (TAF) has announced that the 2014-15 edition of USPAP is officially effective as of January 1.

New exposure draft. TAF also announced that the Appraisal Standards Board (ASB) has issued the First Exposure Draft of proposed changes for the 2016-17 edition of USPAP. Written comments are due by February 17 to ASBComments@appraisalfoundation.org.