What is the correct statement regarding the term 'personal inspection' according to USPAP?

The statement that 'personal inspection' is used once in USPAP within certification requirements is accurate. In the context of USPAP, personal inspection refers to the appraiser's firsthand observation of the property being appraised. This term is significant because it emphasizes the importance of appraisers directly assessing the property as part of the appraisal process.

In certification requirements, USPAP specifies that an appraiser must have personal knowledge and observations of the property to provide a credible opinion of value. This ensures that the appraisal is based on verified and tangible evidence, rather than solely on hearsay or secondary information.

The other statements do not align with the defined role of personal inspection in USPAP. While personal inspection may come up in discussions about appraisal practices, its specific mention in certification underscores its formal importance within USPAP. This highlights that personal inspection is not just a casual term used in conversations but carries weight in legal and procedural contexts related to appraisals.