Property Valuation
The 'Uniform Standards of Professional Appraisal Practice' (USPAP) is published by:
AThe Colorado Real Estate Commission
BThe Appraisal Foundation✓ Correct
CNAR (National Association of REALTORS)
DThe Federal Housing Finance Agency
Explanation
USPAP is developed and published by The Appraisal Foundation, an organization authorized by Congress. USPAP sets ethical and performance standards for appraisers and is required by Colorado's appraiser licensing statutes.
Related Colorado Property Valuation Questions
- A Colorado home has a market value of $450,000. The residential assessment ratio is 7.15%. What is the assessed value?
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