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Updated June 2006


5.If the requirements for the development process have not changed, then what has?

USPAP now provides a set of minimum standards for all appraisal, appraisal review and appraisal consulting assignments. This simplifies understanding the development process. Further, there is greater emphasis on the scope of work disclosure in the report to provide intended users with an understanding of the appraiser’s actions in arriving at assignment conclusions.

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