What is the purpose of exposure drafts in the revision process of USPAP?

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The purpose of exposure drafts in the revision process of the Uniform Standards of Professional Appraisal Practice (USPAP) is to solicit feedback on potential revisions. Exposure drafts are preliminary versions of proposed changes that are made available for public comment, allowing stakeholders, including appraisers and other interested parties, to provide their input. This collaborative approach ensures that the standards evolve in a manner that reflects the needs and concerns of those directly affected by them. By gathering feedback, the authors of the revisions can make informed decisions and adjustments that enhance the clarity, effectiveness, and relevance of the standards before they are finalized. This process is crucial for maintaining transparency and promoting a sense of ownership among the appraisal community regarding the standards that govern their profession.

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