33.          DOES USPAP APPLY IF THERE IS NO ASSIGNMENT FEE

 

Question:

I am an appraiser performing an appraisal, appraisal review, or appraisal consulting assignment. I am required by law, regulation, agreement, or choice to follow USPAP.  Is this still true if I do not charge a fee for my service?

 

Response:

Yes. The applicability of USPAP is not affected by the amount of the fee, or lack of a fee. 

 

 

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USPAP 2008–2009 Edition
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