USPAP 15-Hour Course | 2024 Questions & Answers | 100% Correct | Verified

The concept of public trust means that an appraiser must act: - in the public's interest USPAP establishes standards that are applicable in the appraisal of: - real property, intangible property, and personal property Which statement is TRUE regarding The Appraisal Foundation and USPAP enforcement authority? - The Appraisal Foundation does not have the authority to enforce the requirements of USPAP. Which entity is responsible for establishing education and experience requirements for licensing and certification of appraisers? - Appraiser Qualifications Board (AQB) Qualification criteria for appraiser certification and recertification are disseminated to state appraisal boards by the: - Appraiser Qualifications Board (AQB) Which entity appoints members of the Foundation's independent Boards? - Board of Trustees (BOT) USPAP is developed, interpreted, and amended by the: - Appraisal Standards Board (ASB)