The Appraisal Foundation reminds that the 2006 edition of USPAP was adopted with an effective date of July 1, 2006.
"The current (2005) edition of USPAP is valid until June 30, 2006," the Foundation said. "It is anticipated that the 2006 edition will be effective until December 31, 2007 (a period of 18 months). Effective with the 2008 edition, USPAP is planned to be issued on a two-year publication cycle."
Courses on the 2006 edition USPAP are scheduled to be available early this year, "well in advance of the July 1 effective date."
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