What does the Appraisal Practices Board (APB) focus on?

The Appraisal Practices Board (APB) focuses specifically on developing and interpreting the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). The APB serves as a resource for appraisers and promotes best practices in appraisal by offering guidance on various aspects of USPAP. This includes clarifying standards and creating additional guidance documents to help appraisers understand and properly apply USPAP in their work.

In contrast, setting educational criteria for appraisers involves a different body or organizations that may handle training and certification requirements. Enforcing state appraisal laws typically falls under the jurisdiction of state regulatory agencies, which ensure compliance with specific state statutes. Providing enforcement of USPAP standards is also not the role of the APB; rather, that responsibility lies with the Appraisal Foundation and other relevant entities that monitor adherence to the standards established by USPAP.