Aqb Study guides, Class notes & Summaries
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Aceable Agent - Principles of Real Estate II Exam 2023 with correct answers
- Exam (elaborations) • 24 pages • 2023
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TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL correct answersFormulas to calculate commission? 
 
PRINCIPAL correct answersWhat is the term that describes the money that is lent? 
 
CASH TO CLOSE correct answersDown payment minus earnest money? 
 
TOTAL SALES PRICE correct answersLoan payment + loan principal? 
 
ORIGINATION POINTS correct answersLoan points/fees charged 1% to compensate loan officers for underwriting and administering the loan. 
 
DISCOUNT POINTS ...
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15-hour National USPAP Course - McKissock 2023 Questions and Answers Passed
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15-hour National USPAP Course - McKissock 2023 Questions and Answers Passed 
 
USPAP contains what 4 sections? 
1) The Preamble 
2) Definitions 
3) Rules 
4) Standards 
USPAP Provides... 
1. A common basis for comparison 
2. A reference source for all users of the document 
3. A basis for uniform enforcement for state regulatory agencies 
4. A reason for clients, other intended users, and the public to place their trust in the services performed by professional appraisers 
What year was The Appr...
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USPAP Final Exam; A+ GRADED with complete answers
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The Appraisal Foundation has the authority to enforce the requirements of USPAP. correct answers False; The Appraisal Foundation is a private entity. The Foundation and its boards have no enforcement authority in any jurisdiction. 
 
Which Foundation board is responsible for USPAP? correct answers Appraisal Standards Board (ASB) 
 
Currently, the boards within The Appraisal Foundation include: correct answers Appraisal Standards Board, Appraiser Qualifications Board, Board of Trustees 
 
Which e...
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL 
Formulas to calculate commission? 
 
 
 
PRINCIPAL 
What is the term that describes the money that is lent? 
 
 
 
CASH TO CLOSE 
Down payment minus earnest money? 
 
 
 
TOTAL SALES PRICE 
Loan payment + loan principal? 
 
 
 
ORIGINATION POINTS 
Loan points/fees charged 1% to compensate loan officers for underwriting and administering...
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15-hour National USPAP Course – McKissock| 134 questions| with complete solutions
- Exam (elaborations) • 12 pages • 2023
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USPAP contains what 4 sections? CORRECT ANSWERS: 1) The Preamble 
2) Definitions 
3) Rules 
4) Standards 
 
USPAP Provides... CORRECT ANSWERS: 1. A common basis for comparison 
2. A reference source for all users of the document 
3. A basis for uniform enforcement for state regulatory agencies 
4. A reason for clients, other intended users, and the public to place their trust in the services performed by professional appraisers 
 
What year was The Appraisal Foundation formed? CORRECT ANSWERS...
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USPAP Exam EXAM LATEST 2023-2024 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
- Exam (elaborations) • 31 pages • 2023
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USPAP Exam EXAM LATEST 
ACTUAL EXAM QUESTIONS AND CORRECT 
ANSWERS (VERIFIED ANSWERS) |ALREADY 
GRADED A+ 
The Appraisal Foundation has the authority to enforce the 
requirements of USPAP - CORRECT ANSWER FALSE 
Currently, the boards within The Appraisal Foundation 
include - CORRECT ANSWER Appraisal Standards 
Board (ASB), Appraiser Qualifications Board (AQB), Board 
of Trustees (BoT) 
Which Foundation board is responsible for USPAP - 
CORRECT ANSWER Appraisal Standards Board (ASB) 
Whi...
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USPAP Final Exam EXAM LATEST 2023-2024 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
- Exam (elaborations) • 33 pages • 2023
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USPAP Final Exam EXAM LATEST 
 ACTUAL EXAM QUESTIONS 
AND CORRECT ANSWERS (VERIFIED 
ANSWERS) |ALREADY GRADED A+ 
The Appraisal Foundation has the authority to 
enforce the requirements of USPAP. - CORRECT 
ANSWER False; The Appraisal Foundation is a 
private entity. The Foundation and its boards have 
no enforcement authority in any jurisdiction. 
Which Foundation board is responsible for USPAP? 
- CORRECT ANSWER Appraisal Standards Board 
(ASB) 
Currently, the boards within The Apprai...
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USPAP 15-Hour Course With Complete Solutions 2023
- Exam (elaborations) • 13 pages • 2023
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USPAP 15-Hour Course With Complete 
Solutions 2023 
The Preamble states that USPAP is - Correct Answer-for appraisers and users of 
appraisal services. 
The stated purpose of USPAP - Correct Answer-Promote and maintain a high level of 
public trust in appraisal practice. 
When obligated by law or regulation an appraiser must - Correct Answer-comply with 
USPAP. 
USPAP applies to which types of properties? - Correct Answer-Tangible and Intangible 
Valuation services - Correct Answer-is not a subs...
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National USPAP Course Exam with 100% Correct Answers 2023
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National USPAP Course Exam 
The Appraisal Foundation has the authority to enforce the requirements of USPAP. - 
Correct answer-False 
Currently, the boards within the Appraisal Foundation include: - Correct answerAppraisal Standards Board, Appraisal Qualifications Board, Board of Trustees 
Which Foundation board is responsible for USPAP? - Correct answer-Appraisal 
Standards Board 
Qualification criteria for appraiser certification and recertification are disseminated to 
state appraisal boards ...
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USPAP 15-Hour Course | 2024 Questions & Answers | 100% Correct | Verified
- Exam (elaborations) • 17 pages • 2024
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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 lice...
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