What type of information qualifies as confidential under USPAP?

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Confidential information under USPAP specifically refers to information received from a client that is not available from other sources. This definition emphasizes the trust and relationship between the appraiser and the client. By protecting this type of information, USPAP ensures that appraisers uphold confidentiality obligations that foster trust and integrity within the appraisal process.

This confidentiality extends to any details provided by the client that could affect the appraisal or the client's privacy, reinforcing the importance of the appraiser's duty to safeguard sensitive information. This protection does not apply to general market trends or data that can be found in public records, as they are accessible to anyone and do not involve the same level of confidentiality.

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