What element of USPAP defines an appraiser's expected performance?

The element of USPAP that defines an appraiser's expected performance is rooted in compliance with ethical standards and competency expectations. USPAP emphasizes the importance of both ethical behavior and a requisite level of competency in appraisal practices.

Ethical standards ensure that appraisers act with integrity, impartiality, and objectivity in their work. This commitment to ethical conduct is crucial for maintaining public trust and ensuring that appraisals are fair and unbiased.

Competency expectations require appraisers to possess the necessary skills, knowledge, and experience relevant to the appraisal assignments they undertake. This includes being knowledgeable about the property type, local market conditions, and applicable appraisal methods. By adhering to these ethical standards and competency requirements, appraisers demonstrate their ability to perform their duties effectively, which defines their expected performance under USPAP guidelines.

Thus, option C encapsulates the core principles that govern an appraiser’s responsibilities and the standard by which their performance is measured within the framework of USPAP.