FL Laws and Regulations exam questions
and answers
At minimum, when is a registered trainee appraiser permitted to inspect a subject
property without his or her supervisor? - correct answer ✅After being registered
for 6 months
A registered trainee appraiser may receive compensation for appraisal services
from: - correct answer ✅Authorized certified supervisory appraiser
You believe an amendment to the Appraiser Licensing Law should be made. Who
has the power to make this amendment? - correct answer ✅The state legislature
A network, list, or roster of licensed or certified appraisers approved by an
appraisal management company to perform appraisals as independent
contractors for the company is an appraiser - correct answer ✅Panel
A person who contracts with an appraiser or appraisal management company for
the performance of appraisal services is defined as the: - correct answer ✅Client
You want to be appointed to the Florida Real Estate Appraisal Board. Who would
be responsible for appointing you to this position? - correct answer ✅The
governor of Florida
, FL Laws and Regulations exam questions
and answers
The department shall transmit an annual roster of registered AMCs to: - correct
answer ✅The appraisal subcommittee
An AMC asks an appraiser to provide comparable sales for a subject property
before the appraisal is "officially" ordered. This act by the AMC would be
considered: - correct answer ✅A violation of the Florida 475 part II
An appraisal management company is permitted to: - correct answer ✅Ask an
appraiser to correct factual errors
An exception to the AMC registration requirement would be a (an): - correct
answer ✅Individual employee of an AMC
A/An __________is a valuation permitted by any appraisal regulation of a federal
financial institutions regulatory agency for transactions that do not require an
appraisal because they qualify for an applicable exemption under federal law. -
correct answer ✅Evaluation
and answers
At minimum, when is a registered trainee appraiser permitted to inspect a subject
property without his or her supervisor? - correct answer ✅After being registered
for 6 months
A registered trainee appraiser may receive compensation for appraisal services
from: - correct answer ✅Authorized certified supervisory appraiser
You believe an amendment to the Appraiser Licensing Law should be made. Who
has the power to make this amendment? - correct answer ✅The state legislature
A network, list, or roster of licensed or certified appraisers approved by an
appraisal management company to perform appraisals as independent
contractors for the company is an appraiser - correct answer ✅Panel
A person who contracts with an appraiser or appraisal management company for
the performance of appraisal services is defined as the: - correct answer ✅Client
You want to be appointed to the Florida Real Estate Appraisal Board. Who would
be responsible for appointing you to this position? - correct answer ✅The
governor of Florida
, FL Laws and Regulations exam questions
and answers
The department shall transmit an annual roster of registered AMCs to: - correct
answer ✅The appraisal subcommittee
An AMC asks an appraiser to provide comparable sales for a subject property
before the appraisal is "officially" ordered. This act by the AMC would be
considered: - correct answer ✅A violation of the Florida 475 part II
An appraisal management company is permitted to: - correct answer ✅Ask an
appraiser to correct factual errors
An exception to the AMC registration requirement would be a (an): - correct
answer ✅Individual employee of an AMC
A/An __________is a valuation permitted by any appraisal regulation of a federal
financial institutions regulatory agency for transactions that do not require an
appraisal because they qualify for an applicable exemption under federal law. -
correct answer ✅Evaluation
