According to regulations, when must an appraiser comply with USPAP?

The correct response indicates that an appraiser is required to comply with the Uniform Standards of Professional Appraisal Practice (USPAP). Compliance is a mandatory aspect of appraisal practice, as USPAP establishes the framework for professional conduct, ensuring that appraisals are conducted with integrity, competence, and impartiality.

USPAP is recognized and adopted by various professional appraisal organizations and regulatory bodies. This means that adherence to its standards is not simply a recommendation or a choice; it is a legal and ethical obligation for those engaged in the appraisal profession. Therefore, the term "must" captures this obligation accurately, reflecting the necessity of compliance in order to maintain professional standards and protect public trust in the appraisal process.

Understanding this level of mandated compliance highlights the importance of professional ethics and standards in the appraisal field. It reinforces the idea that appraisers are accountable not only to their clients but also to the public and their profession as a whole. Being aware of the regulatory requirements ensures that appraisers stay informed of best practices and maintain the quality and reliability of their work.