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Updated: August 21, 2008
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2008/2009 Edition of the Uniform Standards of
Professional Appraiser Practice
Title
XI - SEC. 1101. PURPOSE [12 U.S.C. 3331]
The purpose of this title is to provide that Federal financial and public policy
interests in real estate related transactions will be protected by requiring
that real estate appraisals utilized in connection with federally related
transactions are performed in writing, in accordance with uniform standards, by
individuals whose competency has been demonstrated and whose professional
conduct will be subject to effective supervision...
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