According to USPAP, who defines the party or parties engaging an appraiser for a specific assignment?

In the context of the Uniform Standards of Professional Appraisal Practice (USPAP), the term "client" specifically refers to the party or parties that hire an appraiser for a particular assignment. This definition is crucial because the client has a direct relationship with the appraiser and is typically the one who establishes the scope of work, objectives, and requirements for the appraisal.

Understanding who the client is helps clarify who the appraiser is accountable to in terms of reporting, ethical obligations, and the confidentiality of the appraisal results. The appraiser must fulfill the client's expectations while also adhering to the standards set by USPAP to ensure integrity and professionalism in their work.

In this context, "intent" refers more broadly to the purpose behind an appraisal rather than the specific party involved in engaging the appraiser. "Appraiser" is the professional conducting the valuation, and "user" refers to individuals or entities that utilize the appraisal report but may not have directly engaged the appraiser. Each of these terms serves a unique role within the appraisal process, but it is the client who formally hires the appraiser and defines the assignment parameters.