Question

What type of USPAP requirement does not allow for departure from the standards rule?

1) Ethics provision
2) Competency rule
3) Scope of work rule
4) Departure rule

Answer 1

The USPAP requirement that allows no departure from the standards rule is the Ethics Provision, establishing strict guidelines for ethical conduct and reporting by appraisers.

Step-by-step explanation:

The type of USPAP requirement that does not allow for departure from the standards rule is the Ethics Provision. USPAP, or the Uniform Standards of Professional Appraisal Practice, outlines the standards for professional appraisal practice in the United States, including requirements related to performance and reporting. Among the various rules, the Ethics Provision is fundamental as it sets the guidelines for the ethical conduct and reporting obligations of appraisers. Appraisers must adhere strictly to the Ethics Provision, and it does not permit any departure from the established rules. In contrast, the Departure Rule allowed for certain departures from the specifics of the Standards Rules under specific circumstances, but this rule was removed in the 2006 edition of USPAP.