What is one of the primary focuses of the Appraisal Standards Board?

The primary focus of the Appraisal Standards Board is to develop and revise the Uniform Standards of Professional Appraisal Practice (USPAP). USPAP establishes the standards for appraisal practices in the United States, guiding appraisers on ethical behavior and performance standards. The board’s role is critical as it ensures that appraisers adhere to consistent standards that protect both the profession and the public. Regularly updating USPAP allows it to address emerging issues in the appraisal field, ensuring relevancy and effectiveness in maintaining quality and integrity in appraisals.

The other options, while related to the broader field of appraisal, do not capture the core function of the Appraisal Standards Board, which is exclusively focused on the development of these professional standards.