Discussing an assignment's subject property publicly, without naming the client, is:
Correct Answer
C) Still a confidentiality concern if the property is identifiable
Why this is correct: USPAP's Ethics Rule on confidentiality protects information acquired during an assignment. Even if the client is not named, if the property itself is identifiable (e.g., by address, unique features, or photos), discussing assignment details publicly could breach confidentiality. Why the other choices are wrong: 'Permitted after the assignment is completed' is false; confidentiality is perpetual. 'Always acceptable once the client has been fully anonymized' is incorrect because the property's identity also matters. 'Governed only by state licensing rules' is false; USPAP establishes this national confidentiality requirement. Exam tip: Confidentiality protects both the client and the assignment information, not just the client's name.
Why This Is the Correct Answer
Why this is correct: USPAP's Ethics Rule on confidentiality protects information acquired during an assignment. Even if the client is not named, if the property itself is identifiable (e.g., by address, unique features, or photos), discussing assignment details publicly could breach confidentiality. Why the other choices are wrong: 'Permitted after the assignment is completed' is false; confidentiality is perpetual. 'Always acceptable once the client has been fully anonymized' is incorrect because the property's identity also matters. 'Governed only by state licensing rules' is false; USPAP establishes this national confidentiality requirement. Exam tip: Confidentiality protects both the client and the assignment information, not just the client's name.
More USPAP Questions
Which type of appraisal report may contain the appraiser's analyses, opinions, and conclusions but is intended for use by the client only?
How long must an appraiser retain the workfile for an appraisal assignment under USPAP?
If an appraiser uses a hypothetical condition that the subject property is 10% larger than it actually is, this must be:
Under Standard 1, when developing a real property appraisal, an appraiser must:
An appraiser accepts an assignment to appraise a specialized industrial property but has never appraised this property type before. To comply with the Competency Rule, the appraiser:
According to the Scope of Work Rule, the scope of work must be appropriate to the:
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An appraiser is developing an opinion of market value for a 20-unit apartment building. The appraiser finds three comparable sales with the following information: Sale 1: 18 units, sold for $1,800,000; Sale 2: 22 units, sold for $2,200,000; Sale 3: 24 units, sold for $2,280,000. What is the average price per unit for these comparables?
In developing a scope of work, an appraiser must consider all of the following factors EXCEPT:
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