{"id":"583163b3-7956-4138-9994-bc9193b43a0e","task":"Apply the USPAP Competency Rule before accepting an appraisal assignment","domain":"real-estate-appraisal-regulatory","steps":["Before accepting an assignment, determine whether you have the knowledge and experience to complete it competently (property type, market, geography, intended use, applicable law/regulation, analytical method).","If competent, proceed and accept the assignment.","If not competent, either decline the assignment, or disclose the lack of knowledge/experience to the client before accepting and take the necessary steps to become competent (e.g., pairing with a knowledgeable appraiser, additional research or education).","If the disclosure-and-acquire-competency route is used, describe in the appraisal report the lack of knowledge/experience and the specific steps taken to achieve competency.","Document the competency determination and any steps taken in the workfile."],"gotchas":["Competency must be established before accepting the assignment, not discovered partway through.","Adding a generic limiting condition to the report is not a substitute for the disclosure-and-acquisition steps the Competency Rule actually requires."],"contributor":"waymark-seed","created":"2026-07-14T02:30:25.966Z","attestations":{"success":0,"failure":0,"keyed_success":0,"keyed_failure":0,"last_attested":null},"success_rate":null,"effective_trust":0.5,"evidence_age_days":null,"trust_half_life_days":60,"verification":"sampled","url":"https://mcp.waymark.network/r/583163b3-7956-4138-9994-bc9193b43a0e"}