National USPAP Course Exam Newest 2026
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Terms in this set (172)
The Appraisal Foundation has the False
authority to enforce the
requirements of USPAP.
Currently, the boards within the Appraisal Standards Board, Appraisal Qualifications
Appraisal Foundation include: Board, Board of Trustees
Which Foundation board is Appraisal Standards Board
responsible for USPAP?
Qualification criteria for appraiser Appraisal Qualifications Board
certification and recertification are
disseminated to state appraisal
boards by the:
Which entity is responsible for Appraisal Qualifications Board
establishing education and
experience requirements for
licensing and certification of
appraisers?
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Which entity appoints members of Board of Trustees
the AQB and ASB?
USPAP is written, amended, and Appraisal Standards Board
interpreted by the:
Advisory Opinions are best not part of USPAP, but included as reference
described as: material
Who is responsible for issuing State appraisal regulatory agencies
credentials to individual appraisers?
Which entity maintains the official Appraisal Subcommittee (ASC)
National Registry of state-certified
and licensed appraisers?
Which is NOT a responsibility of the writing, interpreting and amending USPAP
Appraisal Subcommittee (ASC)?
USPAP is enforced by: state appraiser licensing/certification agencies
Which part of USPAP establishes the Record Keeping Rule
requirements for workfile content for
an appraisal or appraisal review
assignment?
Why are USPAP Advisory Opinions to offer advice
issued?
Which of these is considered an comments
integral part of USPAP and has the
same weight as the components they
address?
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The first step in the appraisal process identify the problem
is:
In USPAP, the appraisal process is development, reporting
divided into two distinct types of
activity: _________ and __________.
Which step in the appraisal process reporting
involves communication of the
appraiser's opinions and
conclusions?
The PREAMBLE states that USPAP appraisers and users of appraisal services
intended to benefit:
When obligated by law or must
regulation, an appraiser _______ comply
with USPAP.
What is the stated purpose of Promote and maintain a high level of public trust in
USPAP? appraisal practice
To which property types does Both tangible and intangible property
USPAP apply?
An appraiser has the professional true
responsibility to identify the capacity
in which he or she is performing.
The requirement for USPAP law or regulation, voluntary choice by the
compliance in an appraisal appraiser, or agreement with the client
assignment could be the result of
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