Which part of USPAP deals with conflicts of interest?

• A. Ethics Rule, Conduct Section
• B. Conduct Section
• C. Ethics Rule, Management Section
• D. Ethics Rule, Competency Section

Answer: (B)

Conflicts of interest are addressed in the Conduct Section because this part governs the practical behavior and professional responsibilities of appraisers while performing an assignment. It focuses on maintaining independence, objectivity, and impartiality, which are essential for credible appraisal results. When there are relationships, financial interests, or other circumstances that could bias the appraisal, the Conduct Section requires disclosure and, if necessary, avoidance or withdrawal from the assignment to protect the integrity of the work. The Ethics Rule covers general ethical behavior, and the Competency Section covers the knowledge and skills needed to perform an appraisal; conflicts of interest specifically fall under the conduct expected during the performance of the work.