29.How can clients prepare for the 2006 USPAP?

Clients can review their policies, procedures, guidelines, and correspondence for use of the terms “departure”, “Complete Appraisal” and “Limited Appraisal” to describe the appraisal process. Because these terms are not defined in the 2006 USPAP, consideration should be given to replacing the terms with specific instructions that describe the type of services requested. Since the appraisal report types (Self –Contained, Summary and Restricted Use) have not changed in the 2006 USPAP, there is not need to modify current practices related to appraisal documentation.

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