Why was the definition of "misleading" retired from USPAP?

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The definition of "misleading" was retired from USPAP primarily because it was deemed unnecessary due to the common dictionary definition. The term was widely understood, and the existing lexicon allowed users of USPAP, including appraisers and regulators, to interpret "misleading" in a manner consistent with general language use. This approach supports clarity and universal understanding within the appraisal community, enabling practitioners to rely on common definitions without needing specialized terms.

The decision to remove this definition also aligns with the principles of maintaining consistency and coherence within USPAP. By relying on widely recognized definitions, USPAP users can better communicate and understand the standards without the complications of specialized language that might create confusion or misinterpretation. This aligns with the goal of keeping appraisal practices accessible and clear for all stakeholders involved in the process.

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