USPAP EXAM AND PRACTICE EXAM
NEWEST 2026 TEST BANK| UNIFORM
STANDARDS OF PROFESSIONAL
APPRAISAL PRACTICES EXAM PREP
WITH 500+ REAL EXAM QUESTIONS
AND CORRECT VERIFIED ANSWERS/
GRADED A+ (MOST RECENT!!)
Identifying an individual specifically as an appraiser who must comply
with USPAP in a valuation service is established by
a) expectations about the manner in which the individual provides
valuation services.
b) the license level of the appraiser.
c) the individual's credentials.
d) the type of service that requires an opinion. -
✔✔✔✔ANSW✔✔..expectations about the manner in which the
individual provides valuation services.
When an appraiser considers the amount and type of information he will
research and also the analyses he will apply in an appraisal or appraisal
review assignment, the decision that results is identified as
a) valuation services.
b) assignment results.
,c) market analysis.
d) scope of work. - ✔✔✔✔ANSW✔✔..scope of work
Based on the requirements found in the ETHICS RULE, when must an
appraiser comply with USPAP?
a) when required by law, regulation, or agreement with the client or other
intended users
b) when performing a valuation service
c) when the client is aware the individual is an appraiser
d) when the services include a written appraisal report -
✔✔✔✔ANSW✔✔..when required by law, regulation, or agreement with
the client or other intended users
When reporting assignment results for an appraisal, what date(s) are
required in the appraisal report?
a) inspection date and signature date
b) effective date only
c) effective date and date of the report
d) signature date only - ✔✔✔✔ANSW✔✔..effective date and date of the
repor
The ETHICS RULE makes a distinction between when an appraiser must
comply with USPAP and when an appraiser should comply. How does
this distinction apply to services that fall outside appraisal practice?
a) Laws and regulations may not apply to these services, but an
appraiser has ethical obligations when acting in the role of an appraiser.
b) Compliance with USPAP is optional.
c) Valuation services performed by appraisers are not subject to USPAP.
,d) The appraiser's ethical obligations are limited to appraisal and
appraisal review. - ✔✔✔✔ANSW✔✔..Laws and regulations may not
apply to these services, but an appraiser has ethical obligations when
acting in the role of an appraiser.
Who may provide suggestions on changes to USPAP?
a) members of the general public
b) all of these answers
c) users of appraisal services
d) appraisers - ✔✔✔✔ANSW✔✔..all of these answers
What assignment condition is defined as directly related to a specific
assignment, which is contrary to what is known by the appraiser to exist
on the effective date of the assignment results, but is used for purposes
of analysis?
an extraordinary assumption
a jurisdictional exception
a hypothetical condition
an assumption - ✔✔✔✔ANSW✔✔..a hypothetical condition
A reviewer used additional data not available to the original appraiser.
When is this acceptable review practice under USPAP?
when the data is not used to impeach or discredit the original appraiser's
value opinion
when the data is not used in a review that includes the reviewer's own
opinion of value
when the data supports facts in the appraisal report under review
, when the data discredits the data in the appraisal report under review -
✔✔✔✔ANSW✔✔..when the data is not used to impeach or discredit
the original appraiser's value opinion
An appraiser has electronically transmitted an appraisal report to a
client. What does the appraiser need to know about workfile
requirements?
A digital signature on the certification of the electronic workfile copy will
not qualify as a true copy.
A certification signature on the electronic copy for the workfile is not
required.
A paper photocopy must be retained in the workfile in order to satisfy a
true copy.
An electronic copy of the appraisal report transmitted to the client
satisfies the workfile requirement as a true copy of the report. -
✔✔✔✔ANSW✔✔..An electronic copy of the appraisal report
transmitted to the client satisfies the workfile requirement as a true copy
of the report.
What must an individual, who is not acting in the role of an appraiser, do
when performing a valuation service that is outside the appraisal
practice?
Identify the service as consulting.
Comply with all applicable sections of USPAP.
Not misrepresent the capacity of his or her services.
Not use any appraisal knowledge or expertise in the service. -
✔✔✔✔ANSW✔✔..Not misrepresent the capacity of his or her services.
What organization sets the Congressionally authorized standards and
qualifications for real estate appraisers?
NEWEST 2026 TEST BANK| UNIFORM
STANDARDS OF PROFESSIONAL
APPRAISAL PRACTICES EXAM PREP
WITH 500+ REAL EXAM QUESTIONS
AND CORRECT VERIFIED ANSWERS/
GRADED A+ (MOST RECENT!!)
Identifying an individual specifically as an appraiser who must comply
with USPAP in a valuation service is established by
a) expectations about the manner in which the individual provides
valuation services.
b) the license level of the appraiser.
c) the individual's credentials.
d) the type of service that requires an opinion. -
✔✔✔✔ANSW✔✔..expectations about the manner in which the
individual provides valuation services.
When an appraiser considers the amount and type of information he will
research and also the analyses he will apply in an appraisal or appraisal
review assignment, the decision that results is identified as
a) valuation services.
b) assignment results.
,c) market analysis.
d) scope of work. - ✔✔✔✔ANSW✔✔..scope of work
Based on the requirements found in the ETHICS RULE, when must an
appraiser comply with USPAP?
a) when required by law, regulation, or agreement with the client or other
intended users
b) when performing a valuation service
c) when the client is aware the individual is an appraiser
d) when the services include a written appraisal report -
✔✔✔✔ANSW✔✔..when required by law, regulation, or agreement with
the client or other intended users
When reporting assignment results for an appraisal, what date(s) are
required in the appraisal report?
a) inspection date and signature date
b) effective date only
c) effective date and date of the report
d) signature date only - ✔✔✔✔ANSW✔✔..effective date and date of the
repor
The ETHICS RULE makes a distinction between when an appraiser must
comply with USPAP and when an appraiser should comply. How does
this distinction apply to services that fall outside appraisal practice?
a) Laws and regulations may not apply to these services, but an
appraiser has ethical obligations when acting in the role of an appraiser.
b) Compliance with USPAP is optional.
c) Valuation services performed by appraisers are not subject to USPAP.
,d) The appraiser's ethical obligations are limited to appraisal and
appraisal review. - ✔✔✔✔ANSW✔✔..Laws and regulations may not
apply to these services, but an appraiser has ethical obligations when
acting in the role of an appraiser.
Who may provide suggestions on changes to USPAP?
a) members of the general public
b) all of these answers
c) users of appraisal services
d) appraisers - ✔✔✔✔ANSW✔✔..all of these answers
What assignment condition is defined as directly related to a specific
assignment, which is contrary to what is known by the appraiser to exist
on the effective date of the assignment results, but is used for purposes
of analysis?
an extraordinary assumption
a jurisdictional exception
a hypothetical condition
an assumption - ✔✔✔✔ANSW✔✔..a hypothetical condition
A reviewer used additional data not available to the original appraiser.
When is this acceptable review practice under USPAP?
when the data is not used to impeach or discredit the original appraiser's
value opinion
when the data is not used in a review that includes the reviewer's own
opinion of value
when the data supports facts in the appraisal report under review
, when the data discredits the data in the appraisal report under review -
✔✔✔✔ANSW✔✔..when the data is not used to impeach or discredit
the original appraiser's value opinion
An appraiser has electronically transmitted an appraisal report to a
client. What does the appraiser need to know about workfile
requirements?
A digital signature on the certification of the electronic workfile copy will
not qualify as a true copy.
A certification signature on the electronic copy for the workfile is not
required.
A paper photocopy must be retained in the workfile in order to satisfy a
true copy.
An electronic copy of the appraisal report transmitted to the client
satisfies the workfile requirement as a true copy of the report. -
✔✔✔✔ANSW✔✔..An electronic copy of the appraisal report
transmitted to the client satisfies the workfile requirement as a true copy
of the report.
What must an individual, who is not acting in the role of an appraiser, do
when performing a valuation service that is outside the appraisal
practice?
Identify the service as consulting.
Comply with all applicable sections of USPAP.
Not misrepresent the capacity of his or her services.
Not use any appraisal knowledge or expertise in the service. -
✔✔✔✔ANSW✔✔..Not misrepresent the capacity of his or her services.
What organization sets the Congressionally authorized standards and
qualifications for real estate appraisers?
