What is the purpose of the jurisdictional exclusion rule?

Study for your USPAP 15-Hour Course Test. Dive into flashcards and multiple choice questions, each equipped with detailed explanations. Prepare effectively for your appraisal certification!

The jurisdictional exclusion rule serves a significant purpose in the context of USPAP by acknowledging that there may be instances where a law or regulation in a jurisdiction may not allow for adherence to the standards set forth in USPAP. Essentially, it acts as a saving clause that permits appraisers to operate within the legal confines of their jurisdiction even if it conflicts with USPAP guidelines.

The rule reinforces the understanding that if local laws or regulations conflict with USPAP requirements, the appraiser is not held to the USPAP standards in that instance, ensuring that they do not violate local laws. This prevents situations where appraisers are unreasonably burdened by having to choose between compliance with the law and adherence to standards. Thus, the jurisdictional exclusion rule maintains the integrity and influence of USPAP while recognizing the primacy of legal authority in various jurisdictions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy