An appraiser wishes to perform an appraisal assignment but he does not possess the
necessary competency. What are his options under USPAP?
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Acquire the necessary competency or decline the assignment
,Which of these violations of the Ohio appraisal license law would be considered a
felony?
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Coercing an appraiser to come up with a higher value
If a Trainee Appraiser has more than one Supervisory Appraiser, then:
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The Trainee Appraiser should maintain separate experience logs for each
supervisor
In order to be acceptable for appraiser qualifying education, an appraisal course must
include ________ examination.
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A closed-book
According to USPAP, when may a Supervisory Appraiser affix a Trainee Appraiser's
signature to an appraisal report?
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, If authorization is given by the Trainee Appraiser in a specific assignment
On the federal level, oversight authority over state appraisal regulatory agencies is
maintained by which entity or entities?
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Appraisal Subcommittee (ASC)
A Trainee Appraiser is expected to have a basic understanding of minimum AQB
requirements for licensure AND:
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Requirements of the credentialing jurisdiction that may exceed those of the
Criteria
Which statement is TRUE regarding a workfile access and retrieval agreement between a
Trainee Appraiser and a Supervisory Appraiser?
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The agreement may be written or oral.
, To what assignments does the SCOPE OF WORK RULE apply
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An appraiser who is supervising a Trainee Appraiser
Why is it important that a Trainee Appraiser obtain experience in all applicable valuation
methodologies and approaches to value?
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So the Trainee Appraiser becomes capable of performing the duties of a
licensed or certified appraiser
What are the names of the three independent boards within The Appraisal Foundation?
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Appraisal Standards Board, Appraiser Qualifications Board, Board of Trustees
Who is responsible for complying with USPAP?
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necessary competency. What are his options under USPAP?
Give this one a try later!
Acquire the necessary competency or decline the assignment
,Which of these violations of the Ohio appraisal license law would be considered a
felony?
Give this one a try later!
Coercing an appraiser to come up with a higher value
If a Trainee Appraiser has more than one Supervisory Appraiser, then:
Give this one a try later!
The Trainee Appraiser should maintain separate experience logs for each
supervisor
In order to be acceptable for appraiser qualifying education, an appraisal course must
include ________ examination.
Give this one a try later!
A closed-book
According to USPAP, when may a Supervisory Appraiser affix a Trainee Appraiser's
signature to an appraisal report?
Give this one a try later!
, If authorization is given by the Trainee Appraiser in a specific assignment
On the federal level, oversight authority over state appraisal regulatory agencies is
maintained by which entity or entities?
Give this one a try later!
Appraisal Subcommittee (ASC)
A Trainee Appraiser is expected to have a basic understanding of minimum AQB
requirements for licensure AND:
Give this one a try later!
Requirements of the credentialing jurisdiction that may exceed those of the
Criteria
Which statement is TRUE regarding a workfile access and retrieval agreement between a
Trainee Appraiser and a Supervisory Appraiser?
Give this one a try later!
The agreement may be written or oral.
, To what assignments does the SCOPE OF WORK RULE apply
Give this one a try later!
An appraiser who is supervising a Trainee Appraiser
Why is it important that a Trainee Appraiser obtain experience in all applicable valuation
methodologies and approaches to value?
Give this one a try later!
So the Trainee Appraiser becomes capable of performing the duties of a
licensed or certified appraiser
What are the names of the three independent boards within The Appraisal Foundation?
Give this one a try later!
Appraisal Standards Board, Appraiser Qualifications Board, Board of Trustees
Who is responsible for complying with USPAP?
Give this one a try later!
