What does the acronym USPAP stand for?

The acronym USPAP stands for Uniform Standards of Professional Appraisal Practice. This set of standards is essential for appraisers as it establishes the framework for developing appraisals and ensures consistency, credibility, and ethical practice within the appraisal profession. By embracing these standards, professionals can maintain a high level of quality and integrity in their work, which is vital for the trust placed in their appraisals by clients, the public, and regulatory bodies.

The other options do not accurately reflect the official title of the standards that govern appraisal practice. The presence of terms like "Universal" or "United" implies a broader scope than what USPAP actually encompasses while terms like "Assessment Procedures" or "Property Appraisal Protocol" diverge from the specific focus on professional appraisal practices. This precise terminology is key for appraisers to ensure they are following the recognized guidelines within their field.