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Departure Provision Financial Glossary

What is it? A specific provision in the USPAP rules for real estate appraisals. The departure provision states that An appraiser may enter into an agreement to perform an assignment that calls for something less than, or different from, the work that would otherwise be required by the specific guidelines. An appraisal conducted under the departure provision is called a limited appraisal.

Finance Term Definition Added By: Alexandra

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