Supervisor/Trainee Chapter 3 Solved
100% Correct
A certified general appraiser wants to act as a supervisory appraiser. The appraiser
received a formal reprimand from the state appraisal regulatory agency 18 months ago,
but has had no disciplinary issues before or since that time. Is the appraiser qualified to
be a supervisory appraiser? - ANSWER-Yes, because the appraiser is currently "in
good standing" and the prior action did not affect the Appraiser's eligibility to engage in
appraisal practice
A holder of a valid Certified Residential Appraiser credential wants to upgrade to a
Certified General Appraiser. How many additional hours of appraisal education does he
or she need in order to qualify? - ANSWER-100
A holder of a valid Certified Residential Appraiser credential wants to upgrade to a
Certified General credential. How many additional hours of appraisal education does he
or she need in order to qualify? - ANSWER-100
A state appraisal regulatory agency wants to establish a requirement that a Supervisory
Appraiser must have 5 years of experience as a certified appraiser. Is the state
permitted to do this? - ANSWER-Yes, because states may adopt requirements that
exceed those of the AQB
A Trainee Appraiser wishes to take the examination to become a Certified Residential
Appraiser. When may he take the exam? - ANSWER-Only after he completed his
education and experience requirements
A trainee appraiser wishes to upgrade to a licensed Residential Appraiser credential.
Under the AQB Criteria, how many additional hours of education must the Trainee
Appraiser complete? - ANSWER-75
According to the AQB Criteria, an applicant for a Certified general appraiser credential
must have accumulated ____ hours of appraisal experience, during no fewer than
______ months. - ANSWER-3000; 18
According to the AQB Criteria, an applicant for a licensed Residential Appraiser
credential must obtain ______ experience hours in no fewer than _____ months. -
ANSWER-1,000; 6
According to the AQB Criteria, an applicant for a Trainee Appraiser credential must
have completed ______ hours of appraisal education, including the ______ course -
ANSWER-75, 15-hour National USPAP or equivalent
100% Correct
A certified general appraiser wants to act as a supervisory appraiser. The appraiser
received a formal reprimand from the state appraisal regulatory agency 18 months ago,
but has had no disciplinary issues before or since that time. Is the appraiser qualified to
be a supervisory appraiser? - ANSWER-Yes, because the appraiser is currently "in
good standing" and the prior action did not affect the Appraiser's eligibility to engage in
appraisal practice
A holder of a valid Certified Residential Appraiser credential wants to upgrade to a
Certified General Appraiser. How many additional hours of appraisal education does he
or she need in order to qualify? - ANSWER-100
A holder of a valid Certified Residential Appraiser credential wants to upgrade to a
Certified General credential. How many additional hours of appraisal education does he
or she need in order to qualify? - ANSWER-100
A state appraisal regulatory agency wants to establish a requirement that a Supervisory
Appraiser must have 5 years of experience as a certified appraiser. Is the state
permitted to do this? - ANSWER-Yes, because states may adopt requirements that
exceed those of the AQB
A Trainee Appraiser wishes to take the examination to become a Certified Residential
Appraiser. When may he take the exam? - ANSWER-Only after he completed his
education and experience requirements
A trainee appraiser wishes to upgrade to a licensed Residential Appraiser credential.
Under the AQB Criteria, how many additional hours of education must the Trainee
Appraiser complete? - ANSWER-75
According to the AQB Criteria, an applicant for a Certified general appraiser credential
must have accumulated ____ hours of appraisal experience, during no fewer than
______ months. - ANSWER-3000; 18
According to the AQB Criteria, an applicant for a licensed Residential Appraiser
credential must obtain ______ experience hours in no fewer than _____ months. -
ANSWER-1,000; 6
According to the AQB Criteria, an applicant for a Trainee Appraiser credential must
have completed ______ hours of appraisal education, including the ______ course -
ANSWER-75, 15-hour National USPAP or equivalent
