USPAP 15-Hour Course 2025 | Q&A |
100% Correct | The Ultimate Guide for
Yr. 2026/2027
Quiz_________________?
The Preamble states that USPAP is -
Answer
for appraisers and users of appraisal services.
Quiz_________________?
The stated purpose of USPAP -
Answer
Promote and maintain a high level of public trust in appraisal
practice.
Quiz_________________?
When obligated by law or regulation an appraiser must -
Answer
comply with USPAP.
1
, Quiz_________________?
USPAP applies to which types of properties? -
Answer
Tangible and Intangible
Quiz_________________?
Valuation services -
Answer
is not a subset of appraisal practice.
Quiz_________________?
An appraiser has the professional responsibility -
Answer
to identify the capacity in which he or she is performing.
Quiz_________________?
2
, Reasons why an appraiser would prepare an appraisal
assignment in conformance with USPAP -
Answer
1. Agreement with client.
2. Law or regulation.
3. Voluntary choice.
Quiz_________________?
An appraiser who provides an appraisal service that is not an
appraisal, appraisal review, or appraisal consulting assignment
does not have workfile obligations associated with the
assignment. -
Answer
True
Quiz_________________?
An individual is not prohibited from providing valuation services
that involve advocacy while acting as an appraiser. -
Answer
False
3
, Quiz_________________?
When performing valuation services outside of appraisal
practice, appraisers must be careful not to
_________________ the client and other intended users
about their role. -
Answer
Mislead
Quiz_________________?
USPAP states that in a situation when an individual is not
required by law, regulation, or agreement to comply with
USPAP: -
Answer
The individual should still comply when acting as an appraiser.
Quiz_________________?
An appraiser is engaged to teach an appraisal course. What
parts of USPAP apply? -
4
100% Correct | The Ultimate Guide for
Yr. 2026/2027
Quiz_________________?
The Preamble states that USPAP is -
Answer
for appraisers and users of appraisal services.
Quiz_________________?
The stated purpose of USPAP -
Answer
Promote and maintain a high level of public trust in appraisal
practice.
Quiz_________________?
When obligated by law or regulation an appraiser must -
Answer
comply with USPAP.
1
, Quiz_________________?
USPAP applies to which types of properties? -
Answer
Tangible and Intangible
Quiz_________________?
Valuation services -
Answer
is not a subset of appraisal practice.
Quiz_________________?
An appraiser has the professional responsibility -
Answer
to identify the capacity in which he or she is performing.
Quiz_________________?
2
, Reasons why an appraiser would prepare an appraisal
assignment in conformance with USPAP -
Answer
1. Agreement with client.
2. Law or regulation.
3. Voluntary choice.
Quiz_________________?
An appraiser who provides an appraisal service that is not an
appraisal, appraisal review, or appraisal consulting assignment
does not have workfile obligations associated with the
assignment. -
Answer
True
Quiz_________________?
An individual is not prohibited from providing valuation services
that involve advocacy while acting as an appraiser. -
Answer
False
3
, Quiz_________________?
When performing valuation services outside of appraisal
practice, appraisers must be careful not to
_________________ the client and other intended users
about their role. -
Answer
Mislead
Quiz_________________?
USPAP states that in a situation when an individual is not
required by law, regulation, or agreement to comply with
USPAP: -
Answer
The individual should still comply when acting as an appraiser.
Quiz_________________?
An appraiser is engaged to teach an appraisal course. What
parts of USPAP apply? -
4
