Certified General Appraiser Exam Study Questions and Complete Solutions

Holds a willingness to practice within the boundaries of professiona ethics and competency At the beginning of a potential supervisor/ trainee relationship, supervisor appraisers have a primary responsibility to ensure that a prospective trainee: The appraisal Sub committee (ASC) National registry and the state appraisal regulatory agency web site. What is a source that trainees may reference to determine if a prospective supervisory appraiser is qualified and in good standing? The supervior must stop training and inform the trainee themselves. What will happen when a supervisor is no longer eligible to train a trainee? disclosed with the proper warning that their use may have affected the assignment results. When reviewing an appraisal report prepared by a trainee, it is the responsibility of the supervisory appraiser to observe that and extraordinary assumptions or hypothetical conditions used in the assignment are: TRUE The Appraisal Standards Board (ASB) is responsible for the cntent of the USPAP (T/F0 Education, Experience, Continuing education, and examination What are the four major components for licensing that the AQB sets 14 hours how many CEU credits are required for a renewal period greater than 185 days? none How many CEU credits are required for a period of less than 185 days? Inactive status What status do you go into if you don't get your CEU credits in? 24 months How long do you have after applying to sit for the exm do you have to take it? yes Can appraisal consulting be counted as acceptable real property appraising experience? Appraisal, appraisal review, appraisal consulting, and mass appraisal experience al must be USPAP compliant What types of activites can count for appraisal experience credits?