According to the PREAMBLE, USPAP is intended for whom?

Study for the National Uniform Standards of Professional Appraisal Practice Test. Use multiple choice questions and flashcards to prepare effectively. Each question provides explanations and hints. Be ready for your exam success!

The correct response indicates that USPAP (Uniform Standards of Professional Appraisal Practice) is intended for both appraisers and users of appraisal services. This reflects the dual focus of USPAP, which aims to set forth standards that guide appraisers in their professional practice while also serving the interests of those who rely on appraisal services, such as clients, consumers, and regulators.

This approach ensures that the quality and integrity of appraisal services are upheld, fostering trust and transparency in real estate transactions and other areas involving appraisal. By addressing both appraisers and users, USPAP promotes a comprehensive framework that assists in maintaining high ethical standards and professional competency within the field, ensuring that all parties have a clear understanding of their roles and responsibilities in the appraisal process.

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