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Currently, the boards within The Appraisal Foundation include: -
ANSWER ✔✔Appraisal Standards Board, Appraiser Qualifications
Board, Board of Trustees
Which Foundation board is responsible for USPAP? - ANSWER
✔✔Appraisal Standards Board (ASB)
Which entity appoints members of the AQB and ASB? - ANSWER
✔✔Board of Trustees (BOT)
, Qualification criteria for appraiser certification and recertification are
disseminated to state appraisal board by the? - ANSWER
✔✔Appraiser Qualifications Board
Which entity is responsible for establishing education and experience
requirements for licensing and certification of appraisers? - ANSWER
✔✔Appraiser Qualifications Board (AQB)
USPAP is written, amended, and interpreted by the: - ANSWER
✔✔Appraisal Standards Board (ASB)
Advisory Opinions are best described as - ANSWER ✔✔not part of
USPAP, but included as reference material
Which entity maintains the official National Registry of state-certified and
licensed appraisers? - ANSWER ✔✔Appraisal Subcommittee (ASC)
USPAP is enforced by: - ANSWER ✔✔State appraiser
licensing/certification agencies
Who is responsible for issuing credentials to individual appraisers -
ANSWER ✔✔State appraisal regulatory agencies
Which is not a responsibility of the Appraisal Subcommittee -
ANSWER ✔✔Writing, interpreting, and amending USPAP