What are the five rules of USPAP?

The five rules of USPAP are the Ethics Rule, the Record Keeping Rule, the Competency Rule, the Scope of Work Rule, and the Jurisdictional Exception Rule. These rules apply across every appraisal discipline USPAP covers, including real property and mass appraisal. Compliance is required for state-licensed and state-certified appraisers who perform appraisals for federally related real estate transactions.