National USPAP Course Exam with 100%
verified answers 2025
The Appraisal Foundation has the authority to enforce
the requirements of USPAP. - answers-False
Currently, the boards within the Appraisal Foundation
include: - answers-Appraisal Standards Board, Appraisal
Qualifications Board, Board of Trustees
Which Foundation board is responsible for USPAP? -
answers-Appraisal Standards Board
Qualification criteria for appraiser certification and
recertification are disseminated to state appraisal
boards by the: - answers-Appraisal Qualifications Board
Which entity is responsible for establishing education
and experience requirements for licensing and
certification of appraisers? - answers-Appraisal
Qualifications Board
,Which entity appoints members of the AQB and ASB? -
answers-Board of Trustees
USPAP is written, amended, and interpreted by the: -
answers-Appraisal Standards Board
Advisory Opinions are best described as: - answers-not
part of USPAP, but included as reference material
Who is responsible for issuing credentials to individual
appraisers? - answers-State appraisal regulatory
agencies
Which entity maintains the official National Registry of
state-certified and licensed appraisers? - answers-
Appraisal Subcommittee (ASC)
Which is NOT a responsibility of the Appraisal
Subcommittee (ASC)? - answers-writing, interpreting
and amending USPAP
,USPAP is enforced by: - answers-state appraiser
licensing/certification agencies
Which part of USPAP establishes the requirements for
workfile content for an appraisal or appraisal review
assignment? - answers-Record Keeping Rule
Why are USPAP Advisory Opinions issued? - answers-to
offer advice
Which of these is considered an integral part of USPAP
and has the same weight as the components they
address? - answers-comments
The first step in the appraisal process is: - answers-
identify the problem
In USPAP, the appraisal process is divided into two
distinct types of activity: _________ and __________. -
answers-development, reporting
, Which step in the appraisal process involves
communication of the appraiser's opinions and
conclusions? - answers-reporting
The PREAMBLE states that USPAP intended to benefit: -
answers-appraisers and users of appraisal services
When obligated by law or regulation, an appraiser
_______ comply with USPAP. - answers-must
What is the stated purpose of USPAP? - answers-
Promote and maintain a high level of public trust in
appraisal practice
To which property types does USPAP apply? - answers-
Both tangible and intangible property
An appraiser has the professional responsibility to
identify the capacity in which he or she is performing. -
answers-true
verified answers 2025
The Appraisal Foundation has the authority to enforce
the requirements of USPAP. - answers-False
Currently, the boards within the Appraisal Foundation
include: - answers-Appraisal Standards Board, Appraisal
Qualifications Board, Board of Trustees
Which Foundation board is responsible for USPAP? -
answers-Appraisal Standards Board
Qualification criteria for appraiser certification and
recertification are disseminated to state appraisal
boards by the: - answers-Appraisal Qualifications Board
Which entity is responsible for establishing education
and experience requirements for licensing and
certification of appraisers? - answers-Appraisal
Qualifications Board
,Which entity appoints members of the AQB and ASB? -
answers-Board of Trustees
USPAP is written, amended, and interpreted by the: -
answers-Appraisal Standards Board
Advisory Opinions are best described as: - answers-not
part of USPAP, but included as reference material
Who is responsible for issuing credentials to individual
appraisers? - answers-State appraisal regulatory
agencies
Which entity maintains the official National Registry of
state-certified and licensed appraisers? - answers-
Appraisal Subcommittee (ASC)
Which is NOT a responsibility of the Appraisal
Subcommittee (ASC)? - answers-writing, interpreting
and amending USPAP
,USPAP is enforced by: - answers-state appraiser
licensing/certification agencies
Which part of USPAP establishes the requirements for
workfile content for an appraisal or appraisal review
assignment? - answers-Record Keeping Rule
Why are USPAP Advisory Opinions issued? - answers-to
offer advice
Which of these is considered an integral part of USPAP
and has the same weight as the components they
address? - answers-comments
The first step in the appraisal process is: - answers-
identify the problem
In USPAP, the appraisal process is divided into two
distinct types of activity: _________ and __________. -
answers-development, reporting
, Which step in the appraisal process involves
communication of the appraiser's opinions and
conclusions? - answers-reporting
The PREAMBLE states that USPAP intended to benefit: -
answers-appraisers and users of appraisal services
When obligated by law or regulation, an appraiser
_______ comply with USPAP. - answers-must
What is the stated purpose of USPAP? - answers-
Promote and maintain a high level of public trust in
appraisal practice
To which property types does USPAP apply? - answers-
Both tangible and intangible property
An appraiser has the professional responsibility to
identify the capacity in which he or she is performing. -
answers-true
