Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- DEPARTURE PROVISION
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. See complete appraisals, limited appraisals, and Uniform Standards of Professional Appraisal Practice.Back