CERTIFIED GENERAL APPRAISER EXAM PRACTICE
QUESTIONS
Verified Questions with Answers and Detailed Rationales
2025/2026 Q&A | Instant Download PDF
SECTION 1: USPAP AND ETHICAL STANDARDS (Q1-Q20)
Q1. A fee appraiser seeks to get on the approved list for a local mortgage
company. The lender requires appraisers to provide sample appraisal reports
performed within the past year. Can the appraiser provide the reports without
violating USPAP?
A) No; unless the appraiser secures a release from the client of each sample appraisal
report
B) No; the ETHICS RULE prohibits appraisers from soliciting appraisal work
C) Yes; if all essential elements of confidential information are removed through
redaction or the process of aggregation
D) Yes; an exception to the Confidentiality section of the ETHICS RULE permits an
appraiser to provide appraisal reports to a lender for this purpose
Rationale: The ETHICS RULE permits appraisers to provide reports to a lender for this
purpose if all essential elements of confidential information are removed through
redaction or aggregation. When all confidential elements are removed, client
authorization is not required for disclosure of the remaining information .
Q2. What is the primary purpose of USPAP?
,A) Set real estate tax rates
B) Promote uniform appraisal standards and ensure credibility
C) Establish property values
D) Regulate mortgage lending
Rationale: USPAP establishes minimum standards for appraisal practice to ensure
credibility, consistency, and ethical conduct in valuation assignments. It is adopted by the
Appraisal Standards Board and enforced by states .
Q3. Under the ETHICS RULE of USPAP, confidentiality of assignment results
applies:
A) Only for the first year after the appraisal
B) Indefinitely, even after the minimum record keeping period has ended
C) Only for residential appraisals
D) Only if the client specifically requests confidentiality
Rationale: The confidential status of information and assignment results does not expire,
even after the minimum record keeping period has ended. Ensuring appraisal
confidentiality protects both the appraiser and their clients from future liability .
Q4. Which of the following is NOT a section of the ETHICS RULE in USPAP?
A) Conduct
B) Management
C) Valuation
D) Confidentiality
Rationale: The ETHICS RULE is divided into three sections: Conduct, Management, and
Confidentiality. These sections emphasize the personal obligations and responsibilities of
the individual appraiser in appraisal practice .
,Q5. An appraiser may disclose confidential information to which of the following
parties?
A) Any real estate agent in the area
B) State appraiser regulatory agencies
C) Competing appraisal firms
D) The property owner's neighbor
Rationale: Under USPAP, an appraiser may disclose confidential information to: 1) The
client; 2) Persons specifically authorized by the client; 3) State appraiser regulatory
agencies; 4) Third parties authorized by due process of law; or 5) A duly authorized
professional peer review committee .
Q6. What must an appraiser do when performing an appraisal assignment under
USPAP?
A) Guarantee the property's value
B) Disclose the scope of work in the report
C) Follow only the client's instructions
D) Provide only verbal reports
Rationale: USPAP requires that the scope of work must be disclosed in the report. The
appraisal report must be supported by sufficient data and reasoning to ensure credibility
and reliability .
Q7. The ETHICS RULE requires appraisers to:
A) Maximize client profit
B) Act independently and impartially
C) Guarantee property values
D) Accept all assignments
Rationale: The ETHICS RULE requires appraisers to act independently and impartially in
the development and reporting of appraisal assignments. Honesty, impartiality, and
professional competency are required of all appraisers under USPAP Standards .
, Q8. An appraiser must disclose any current or prospective interest in the subject
property or parties involved:
A) Only if the client asks
B) Prior to accepting the assignment
C) After completing the report
D) Never
Rationale: The appraiser must disclose any current or prospective interest in the subject
property or parties involved, and any services regarding the subject property performed
within the three-year period immediately preceding acceptance of the assignment .
Q9. Which of the following is considered confidential information under USPAP?
A) Physical characteristics of the property
B) Assignment results and non-public client information
C) Property address
D) Property size
Rationale: Confidential information is that which is not publicly available and is
identified by applicable law or regulation. Assignment results are an appraiser's opinions
and conclusions developed when performing an assignment. Physical characteristics are
not assignment results and may be shared without violating USPAP .
Q10. An appraiser can agree with the client to keep the occurrence of a prior
appraisal assignment confidential:
A) Only for residential properties
B) Yes, and must decline subsequent assignments that fall within the three-year
period
C) No, all assignments must be disclosed
D) Only if the client pays additional fees
QUESTIONS
Verified Questions with Answers and Detailed Rationales
2025/2026 Q&A | Instant Download PDF
SECTION 1: USPAP AND ETHICAL STANDARDS (Q1-Q20)
Q1. A fee appraiser seeks to get on the approved list for a local mortgage
company. The lender requires appraisers to provide sample appraisal reports
performed within the past year. Can the appraiser provide the reports without
violating USPAP?
A) No; unless the appraiser secures a release from the client of each sample appraisal
report
B) No; the ETHICS RULE prohibits appraisers from soliciting appraisal work
C) Yes; if all essential elements of confidential information are removed through
redaction or the process of aggregation
D) Yes; an exception to the Confidentiality section of the ETHICS RULE permits an
appraiser to provide appraisal reports to a lender for this purpose
Rationale: The ETHICS RULE permits appraisers to provide reports to a lender for this
purpose if all essential elements of confidential information are removed through
redaction or aggregation. When all confidential elements are removed, client
authorization is not required for disclosure of the remaining information .
Q2. What is the primary purpose of USPAP?
,A) Set real estate tax rates
B) Promote uniform appraisal standards and ensure credibility
C) Establish property values
D) Regulate mortgage lending
Rationale: USPAP establishes minimum standards for appraisal practice to ensure
credibility, consistency, and ethical conduct in valuation assignments. It is adopted by the
Appraisal Standards Board and enforced by states .
Q3. Under the ETHICS RULE of USPAP, confidentiality of assignment results
applies:
A) Only for the first year after the appraisal
B) Indefinitely, even after the minimum record keeping period has ended
C) Only for residential appraisals
D) Only if the client specifically requests confidentiality
Rationale: The confidential status of information and assignment results does not expire,
even after the minimum record keeping period has ended. Ensuring appraisal
confidentiality protects both the appraiser and their clients from future liability .
Q4. Which of the following is NOT a section of the ETHICS RULE in USPAP?
A) Conduct
B) Management
C) Valuation
D) Confidentiality
Rationale: The ETHICS RULE is divided into three sections: Conduct, Management, and
Confidentiality. These sections emphasize the personal obligations and responsibilities of
the individual appraiser in appraisal practice .
,Q5. An appraiser may disclose confidential information to which of the following
parties?
A) Any real estate agent in the area
B) State appraiser regulatory agencies
C) Competing appraisal firms
D) The property owner's neighbor
Rationale: Under USPAP, an appraiser may disclose confidential information to: 1) The
client; 2) Persons specifically authorized by the client; 3) State appraiser regulatory
agencies; 4) Third parties authorized by due process of law; or 5) A duly authorized
professional peer review committee .
Q6. What must an appraiser do when performing an appraisal assignment under
USPAP?
A) Guarantee the property's value
B) Disclose the scope of work in the report
C) Follow only the client's instructions
D) Provide only verbal reports
Rationale: USPAP requires that the scope of work must be disclosed in the report. The
appraisal report must be supported by sufficient data and reasoning to ensure credibility
and reliability .
Q7. The ETHICS RULE requires appraisers to:
A) Maximize client profit
B) Act independently and impartially
C) Guarantee property values
D) Accept all assignments
Rationale: The ETHICS RULE requires appraisers to act independently and impartially in
the development and reporting of appraisal assignments. Honesty, impartiality, and
professional competency are required of all appraisers under USPAP Standards .
, Q8. An appraiser must disclose any current or prospective interest in the subject
property or parties involved:
A) Only if the client asks
B) Prior to accepting the assignment
C) After completing the report
D) Never
Rationale: The appraiser must disclose any current or prospective interest in the subject
property or parties involved, and any services regarding the subject property performed
within the three-year period immediately preceding acceptance of the assignment .
Q9. Which of the following is considered confidential information under USPAP?
A) Physical characteristics of the property
B) Assignment results and non-public client information
C) Property address
D) Property size
Rationale: Confidential information is that which is not publicly available and is
identified by applicable law or regulation. Assignment results are an appraiser's opinions
and conclusions developed when performing an assignment. Physical characteristics are
not assignment results and may be shared without violating USPAP .
Q10. An appraiser can agree with the client to keep the occurrence of a prior
appraisal assignment confidential:
A) Only for residential properties
B) Yes, and must decline subsequent assignments that fall within the three-year
period
C) No, all assignments must be disclosed
D) Only if the client pays additional fees
