The article is referring back to the old American Institute of Real Estate Appraisers (AIREA) that later became the Appraisal Institute after its contentious merger with the Society of Real Estate Appraisers.

The first USPAP version that TAF later adopted was literally taken directly from AIREA with some lip service to other organizations. As we know it the official national USPAP developed (finalized) by TAF wasn’t until 1990-1991+- .

I agree with Ann and/or Barry LOTS of weasel wording designed to allow the greatest flexibility for those that don’t intend to comply with anything meaningful anyway.

The wording ALSO provides decent guidelines buried within  its cumbersome texts for those that care enough to read it carefully. In the end it boils down to complying with  the spirit as well as the exact wording.

That’s why all USPAP reviews are supposed to be (1) done by peers; and (2) reviewed in context of the clients intended use. Possibly the primary reason all state enforcement of USPAP should be taken back by the feds and administered at the ASC or similar agency.