How often should review appraisers update their knowledge of USPAP changes?

Review appraisers should update their knowledge of USPAP changes every year, particularly during the annual certification renewal. This is important because the Uniform Standards of Professional Appraisal Practice (USPAP) is updated regularly to reflect changes in the real estate market, technology, and regulatory requirements. By staying current with these updates, appraisers can ensure compliance with the latest standards, maintain their professional credibility, and uphold the integrity of their appraisal work.

Regular updates are critical not only for meeting certification requirements but also for enhancing the quality of appraisals and ensuring that appraisers are using the most current methodologies and practices. This continual education helps appraisers adapt to the evolving landscape of the industry, thus providing reliable and accurate valuations. Relying on infrequent updates—such as only when a new assignment comes in or based on personal judgment about necessity—could lead to significant knowledge gaps and potential non-compliance with current standards. Regular, systematic updates in alignment with certification renewal provides a structured approach to maintaining professional competence in appraisal practices.