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PO Box 1212 Tampa, FL 33601 Pinellas Updated November 2007
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1. What are the major changes in the 2006 USPAP related to the scope of work and departure concepts?
The biggest changes are elimination of the DEPARTURE RULE and introduction of the SCOPE OF WORK RULE. The most visible change in appraisal practice is the discontinued use of the terms “Complete” and “Limited” to describe the appraisal process. There are numerous related changes, but these are the main focus. |
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