USPAP 15-hour course Exam 2025| Answered 100% Correctly

USPAP 15-hour course Exam 2025| Answered 100% Correctly 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) Advisory Opinions are best described as Not part of USPAP, but included as reference material The ASB is considering comment letters written by members of the public regarding a proposed revision to USPAP. When reviewing these comment letters, the ASB focuses on: