updated USPAP course for 2025-2026 questions and answers 100
verifie
1. USPAP Advisory Opinions are considered by the ASB to Other
communications,
be: and not part of USPAP
2. The new edition of USPAP has been released. The ASB determines when the
Which statement is true regarding the edition of USPAP will be
effective date of this new edition of USPAP? ettective.
3. The ending effective date for the 2024 edition of USPAP To be
determined
is:
4. Is there a difference between a Discussion An exposure draft is a
Draft and an Exposure Draft, and if so, what is formal proposal to revise
the difference? USPAP, while a discussion
draft merely solicits feed-
back from industry partic-
ipants.
5. You send the ASB a letter with a comment regarding a all members of
the ASB
proposed change to USPAP. Who will read it?
6. The ASB has issued an exposure draft of proposed The proposed
changes
changes to USPAP. What must occur before these pro- must be
discussed and
posed changes may be made to adopted at a public
USPAP? meet- ing
7. A stakeholder in the appraisal profession wants to par- Register for ASB
meetings
ticipate in the USPAP revision process but does not have the
, updated USPAP course for 2025-2026 questions and answers 100
verifie
time to travel to attend ASB meetings in per- and livestream them on
son. What is this individual's best option? their computer.
8. The PREAMBLE states that USPAP is promulgated for: Appraisers and
users of
appraisal services
, updated USPAP course for 2025-2026 questions and answers 100
verifie
9. The primary purpose of USPAP is: Promoting and preserving
public trust in appraisal
practice.
10. change is one of the reasons why the Social
ASB added the Nondiscrimination section to
the ETHICS RULE.
11. With regard to prohibitions on bias and discrimination, Make existing
prohibitions
the revisions to the current edition of USPAP clearer and more direct
were made in order to:
12. Which statement regarding bias and USPAP is TRUE? USPAP has always
pro-
hibited appraisers from
performing an assignment
with bias.
13. Which term is defined in federal regulations as "a resi-
Dwelling dential structure that contains one to four
living units whether or not that structure is
attached to real prop-
erty"?
14. Which of the following is NOT a federal antidiscrimina- Dodd-Frank
Act
tion law that is specifically referenced in the
Nondis- crimination section of the ETHICS
RULE?
15. An appraiser is required to be knowledgeable of, 16. An
and comply with, antidiscrimination laws appraiser
and regulations agrees to
verifie
1. USPAP Advisory Opinions are considered by the ASB to Other
communications,
be: and not part of USPAP
2. The new edition of USPAP has been released. The ASB determines when the
Which statement is true regarding the edition of USPAP will be
effective date of this new edition of USPAP? ettective.
3. The ending effective date for the 2024 edition of USPAP To be
determined
is:
4. Is there a difference between a Discussion An exposure draft is a
Draft and an Exposure Draft, and if so, what is formal proposal to revise
the difference? USPAP, while a discussion
draft merely solicits feed-
back from industry partic-
ipants.
5. You send the ASB a letter with a comment regarding a all members of
the ASB
proposed change to USPAP. Who will read it?
6. The ASB has issued an exposure draft of proposed The proposed
changes
changes to USPAP. What must occur before these pro- must be
discussed and
posed changes may be made to adopted at a public
USPAP? meet- ing
7. A stakeholder in the appraisal profession wants to par- Register for ASB
meetings
ticipate in the USPAP revision process but does not have the
, updated USPAP course for 2025-2026 questions and answers 100
verifie
time to travel to attend ASB meetings in per- and livestream them on
son. What is this individual's best option? their computer.
8. The PREAMBLE states that USPAP is promulgated for: Appraisers and
users of
appraisal services
, updated USPAP course for 2025-2026 questions and answers 100
verifie
9. The primary purpose of USPAP is: Promoting and preserving
public trust in appraisal
practice.
10. change is one of the reasons why the Social
ASB added the Nondiscrimination section to
the ETHICS RULE.
11. With regard to prohibitions on bias and discrimination, Make existing
prohibitions
the revisions to the current edition of USPAP clearer and more direct
were made in order to:
12. Which statement regarding bias and USPAP is TRUE? USPAP has always
pro-
hibited appraisers from
performing an assignment
with bias.
13. Which term is defined in federal regulations as "a resi-
Dwelling dential structure that contains one to four
living units whether or not that structure is
attached to real prop-
erty"?
14. Which of the following is NOT a federal antidiscrimina- Dodd-Frank
Act
tion law that is specifically referenced in the
Nondis- crimination section of the ETHICS
RULE?
15. An appraiser is required to be knowledgeable of, 16. An
and comply with, antidiscrimination laws appraiser
and regulations agrees to
