USPAP Progress Exam — Workfile Requirements,
Competency, Scope of Work and Appraisal Process
— Questions and Answers
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Terms in this set (47)
An Appraiser must retain a workfile for" Any assignment that is covered by standard rules.
5 years after preparation or at least 2 years after final
disposition of judicial proceedings in which testimony
was given, whichever period expires last.
According to STANDARD 3, an The review appraiser may be asked to develop his or
appraiser performing an appraisal her own opinion of value as part of the review
review must do all of the following assignment, but the primary purpose of appraisal
except: review is to form an opinion about the quality of
another appraiser's work.
, An appraiser who commits a series of rendering services in a careless or negligent manner.
small errors that affect the credibility
of the assignment results has violated
the rule against
Competency, Scope of Work and Appraisal Process
— Questions and Answers
Play your way to mastery with fun games
Match Blocks Charms NEW
Terms in this set (47)
An Appraiser must retain a workfile for" Any assignment that is covered by standard rules.
5 years after preparation or at least 2 years after final
disposition of judicial proceedings in which testimony
was given, whichever period expires last.
According to STANDARD 3, an The review appraiser may be asked to develop his or
appraiser performing an appraisal her own opinion of value as part of the review
review must do all of the following assignment, but the primary purpose of appraisal
except: review is to form an opinion about the quality of
another appraiser's work.
, An appraiser who commits a series of rendering services in a careless or negligent manner.
small errors that affect the credibility
of the assignment results has violated
the rule against