Which of the following statements is true regarding jurisdictional exclusions?

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 statement regarding jurisdictional exclusions being automatically applicable when compliance is precluded is accurate. Jurisdictional exclusions refer to situations where specific laws or regulations prevent the appraiser from complying with certain aspects of the Uniform Standards of Professional Appraisal Practice (USPAP). Essentially, when an appraiser is subject to such a jurisdictional exclusion, they are not required to follow certain parts of USPAP because local laws take precedence, effectively overriding those requirements.

This concept is central to understanding how appraisers can navigate situations where legal frameworks may conflict with the standards set by USPAP. For instance, if a local law prohibits a certain appraisal method that USPAP might typically require, the appraiser is excused from following that part of the standards due to the jurisdictional exclusion.

It's important to note that this does not mean that appraisers can disregard USPAP entirely; rather, it signifies that specific requirements of USPAP are rendered ineffective under certain legal parameters. The clear implications suggest that not adhering to USPAP in these cases is not a violation but rather a necessity due to external legal constraints.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy