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The Competency Rule allows appraisers to accept assignments if they disclose their deficiency, acquire competency, and ensure credible results.

Advisory Opinions (AOs) clarify USPAP application. They are not enforceable but provide critical guidance for interpreting standards in unique or complex assignments.

Statements were binding interpretations of USPAP but have been retired. Their content has since been integrated into USPAP Rules and Standards.

The Ethics Rule requires impartiality and objectivity. Acting as an advocate for a client violates this fundamental principle.

The Competency Rule applies to all assignments, regardless of type, client, or property.