What must be included in a USPAP report?

In a USPAP report, including a true copy of any written reports is essential because it ensures transparency and accountability in the appraisal process. This requirement aligns with the standards set by the Uniform Standards of Professional Appraisal Practice (USPAP), which prioritize integrity in reporting. By providing a true copy of existing written reports, appraisers can substantiate their findings, methodologies, and conclusions, allowing the client and other stakeholders to verify the information and understand the basis of the appraisal.

Including a summary of the appraisal process, while informative, is not mandated in a USPAP report, as the focus is more on the findings and conclusions rather than the procedural details. Furthermore, confidentiality is crucial in appraisals, so listing confidential client information is not appropriate or required. Lastly, while various appraisers may have collaborated during the process, it is not standard practice to explicitly list all appraisers involved in a report under USPAP requirements.