USPAP Practice Exam 2025 – Comprehensive Test Prep

The correct answer is based on the concept of professional ethics and the need for transparency when handling appraisal reports. An appraiser can discuss previous appraisals with a new client only when appropriate disclosures are made. This ensures that the new client is fully informed about the context and conditions surrounding the earlier appraisals, including any potential conflicts of interest or confidentiality issues that may arise from that previous work.

Disclosures are essential in maintaining the integrity of the appraisal process, safeguarding client relationships, and upholding the standards set forth by USPAP (Uniform Standards of Professional Appraisal Practice). They allow the appraiser to share relevant information while ensuring compliance with ethical standards. Thus, making appropriate disclosures allows for a transparent discussion that respects the confidentiality and proprietary nature of past appraisals, which is an important aspect of the professional conduct required of appraisers.

The other options do not fully encompass the necessary ethical and professional standards guiding discussions about previous appraisals. Their criteria do not emphasize the requisite disclosure requirements that maintain integrity and transparency in the appraisal profession.