Question

"An appraiser has two employees. What are the appraiser's USPAP responsibilities regarding these employees and confidential information and assignment results?

(A) The appraiser must ensure they are aware of the prohibitions of disclosure of such information or results.
(B) The appraiser must keep confidential information and assignment results away from these employees.
(C) The appraiser must obtain criminal background checks on all employees with access to confidential information or assignment results.
(D) All of the above

Answer 1

An appraiser must ensure that their employees are aware of the prohibitions against disclosing confidential information and assignment results, as per the requirements of the USPAP.

Step-by-step explanation:

An appraiser who has two employees is responsible for making sure those employees are cognizant of the requirements for maintaining the confidentiality of information and assignment results. According to the Uniform Standards of Professional Appraisal Practice (USPAP), which govern how appraisals are conducted in the United States, the primary responsibility of an appraiser is to protect the confidential nature of the appraiser-client relationship. This responsibility includes ensuring that employees do not disclose confidential information to others who are not authorized to receive it. Hence, the correct answer is option (A): The appraiser must ensure they are aware of the prohibitions of disclosure of such information or results.