USPAP 15-Hour Course Exam Questions With All Correct
Answers Rated A+
Terms in this set (171)
The Preamble states that USPAP for appraisers and users of appraisal services.
is
The stated purpose of USPAP Promote and maintain a high level of public
trust in appraisal practice.
When obligated by law or comply with USPAP.
regulation an appraiser must
, USPAP applies to which types of Tangible and Intangible
properties?
Valuation services is not a subset of appraisal practice.
An appraiser has the professional to identify the capacity in which he or she is
responsibility performing.
Reasons why an appraiser would 1. Agreement with client.
prepare an appraisal assignment 2. Law or regulation.
in conformance with USPAP 3. Voluntary choice.
An appraiser who provides an True
appraisal service that is not an
appraisal, appraisal review, or
appraisal consulting
assignment does not have
workfile obligations associated
with the assignment.
An individual is not prohibited False
from providing valuation services
that involve advocacy while
acting as an
appraiser.
When performing valuation Mislead
services outside of appraisal
practice, appraisers must be careful
not to _________________ the client
and other intended users
about their role.
Answers Rated A+
Terms in this set (171)
The Preamble states that USPAP for appraisers and users of appraisal services.
is
The stated purpose of USPAP Promote and maintain a high level of public
trust in appraisal practice.
When obligated by law or comply with USPAP.
regulation an appraiser must
, USPAP applies to which types of Tangible and Intangible
properties?
Valuation services is not a subset of appraisal practice.
An appraiser has the professional to identify the capacity in which he or she is
responsibility performing.
Reasons why an appraiser would 1. Agreement with client.
prepare an appraisal assignment 2. Law or regulation.
in conformance with USPAP 3. Voluntary choice.
An appraiser who provides an True
appraisal service that is not an
appraisal, appraisal review, or
appraisal consulting
assignment does not have
workfile obligations associated
with the assignment.
An individual is not prohibited False
from providing valuation services
that involve advocacy while
acting as an
appraiser.
When performing valuation Mislead
services outside of appraisal
practice, appraisers must be careful
not to _________________ the client
and other intended users
about their role.
