In USPAP, bias is defined as a preference or inclination that precludes an appraiser's impartiality, independence, or objectivity. This statement defines bias as what?

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Prepare for the Mckissock 8-hour National Valuation Bias and Fair Housing Laws and Regulations Test. Study with flashcards and multiple choice questions with detailed explanations. Ensure your success on exam day!

Multiple Choice

In USPAP, bias is defined as a preference or inclination that precludes an appraiser's impartiality, independence, or objectivity. This statement defines bias as what?

Bias refers to a predisposition that compromises an appraiser’s ability to be impartial, independent, or objective. The statement is giving the term’s own definition: it names bias as that preference or inclination and, by describing its effect, shows what bias is. Impartiality, independence, and objectivity describe the standards a appraiser must meet, whereas bias is what undermines those standards. So the term being defined is bias.

In USPAP, bias is defined as a preference or inclination that precludes an appraiser's impartiality, independence, or objectivity. This statement defines bias as what?

Prepare for the Mckissock 8-hour National Valuation Bias and Fair Housing Laws and Regulations Test. Study with flashcards and multiple choice questions with detailed explanations. Ensure your success on exam day!

In USPAP, bias is defined as a preference or inclination that precludes an appraiser's impartiality, independence, or objectivity. This statement defines bias as what?

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