Is storing my appraisal documents on Secure Repository compliant with USPAP?
Yes. The Uniform Standards of Professional Appraisal Practice requires an appraiser to retain the work file for a period of at least five years after preparation or at least two years after final disposition of any judicial proceeding in which the appraiser provided testimony related to the assignment, whichever period expires last. Secure Repository takes the hassle out of record keeping on multiple PC’s or CD’s that keep unreliable data by storing all your reports in one safe secure location. When you upgrade your PC no need to worry with your appraisal reports as you have them all in one convenient, safe and secure location on Secure Repository servers.
