{"ok":true,"canonical_url":"https://dealroom.so/glossary/uniform-standards-of-professional-appraisal-practice","api_url":"https://dealroom.so/api/public/glossary/uniform-standards-of-professional-appraisal-practice","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-16","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"uniform-standards-of-professional-appraisal-practice","term":"Uniform Standards of Professional Appraisal Practice","group":"Reading the business","definition":"These are the ethical and performance standards for appraisals, ensuring they are credible and unbiased. Your business valuation or real estate appraisal will adhere to these rules.","what_it_means":"When buying a business with an SBA loan, certain assets, especially real estate or significant machinery, may require a USPAP-compliant appraisal. This standard ensures the appraiser is qualified and the valuation methodology is sound, giving you and the lender confidence in the asset's fair market value.","url":"https://dealroom.so/glossary/uniform-standards-of-professional-appraisal-practice","official_sources":[],"related":[{"slug":"appraisal","term":"Appraisal","url":"https://dealroom.so/glossary/appraisal"},{"slug":"fair-market-value","term":"Fair market value","url":"https://dealroom.so/glossary/fair-market-value"},{"slug":"business-valuation","term":"Business valuation","url":"https://dealroom.so/glossary/business-valuation"},{"slug":"appraiser","term":"Appraiser","url":"https://dealroom.so/glossary/appraiser"}],"related_questions":[{"question":"What is the importance of a professional business valuation for an acquisition?","url":"https://dealroom.so/sba-7a/questions/what-is-the-importance-of-a-professional-business-valuation-for-an-acquisition"},{"question":"What is the importance of a professional business valuation for an acquisition with an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/what-is-the-importance-of-a-professional-business-valuation-for-an-acquisition-with-an-sba"},{"question":"Can an SBA 7(a) loan cover the cost of a business valuation or appraisal?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-cover-the-cost-of-a-business-valuation-or-appraisal"},{"question":"When is a business appraisal required for a change of ownership transaction exceeding $500,000?","url":"https://dealroom.so/for-lenders/questions/when-is-a-business-appraisal-required-for-a-change-of-ownership-transaction-exceeding-500-"},{"question":"When is an independent business appraisal required for a change of ownership transaction exceeding $500,000?","url":"https://dealroom.so/for-lenders/questions/when-is-an-independent-business-appraisal-required-for-a-change-of-ownership-transaction-e"},{"question":"Can a lender accept contributed equity in the form of existing machinery valued by an internal appraisal?","url":"https://dealroom.so/for-lenders/questions/can-a-lender-accept-contributed-equity-in-the-form-of-existing-machinery-valued-by-an-inte"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Uniform Standards of Professional Appraisal Practice","url":"https://dealroom.so/glossary/uniform-standards-of-professional-appraisal-practice","source_type":"DealRoom Data"}}