When an appraiser is engaged to teach an appraisal course, which parts of USPAP apply?

When an appraiser is engaged to teach an appraisal course, the parts of USPAP that apply are the ones that relate generally to appraisal practice. This encompasses various aspects of USPAP, such as the Ethics Rule, Competency Rule, and any relevant requirements regarding the use of market data while teaching.

Teaching appraisal does not focus solely on the technical aspects of appraisal development; it also includes a solid understanding of ethical responsibilities and professional conduct outlined in USPAP. By adhering to these broader principles, the appraiser not only ensures that they uphold the standards of the profession while educating others but also models the ethical behavior and competency expected of all appraisers in practice.

This holistic approach reinforces the integrity of the appraisal profession and serves as a critical foundation for students learning the appraisal standards. This is why the broad applicability of USPAP to general appraisal practice is essential in a teaching scenario.