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An individual ______ comply with USPAP when choosing to represent oneself as an appraiser should An individual _____________ comply with USPAP when required by law, regulation, or agreement (with the client of other intended users) must To which property types does USPAP apply? A. intangible pr...

The Preamble states that USPAP is for appraisers and users of appraisal services. The stated purpose of USPAP Promote and maintain a high level of public trust in appraisal practice. When obligated by law or regulation an appraiser must comply with USPAP. USPAP applies to which types of properti...

The PREAMBLE states the purpose of USPAP is to maintain public ___ in the appraisal practice by establishing requirements for appraisers. trust USPAP benefits providers of appraisal services and users of appraisal services. Which is NOT considered significant real property appraisal assistance? c...

Which board within The Appraisal Foundation has the authority to make revisions to USPAP? Board of Trustees (BOT) Appraisal Standards Board (ASB) Appraiser Qualifications Board (AQB) All boards within the Foundation have the authority to revise USPAP Appraisal Standards Board (ASB) The three i...

The Appraisal Foundation has the authority to enforce the requirements of USPAP. 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? Appraisal Standards Board (ASB) ...

The appraiser could accept the assignment (as a new assignment) as long as proper disclosure is made regarding the prior assignment & any confidential in formation is handled appropriately. in a deed being used in a purchase transaction, who is the grantee? The party receiving title - "purchase...

Personal property brokerage/dealership, appraisal reviews, and personal property appraisals are all included within appraisal practice. valuation services. market analysis. consulting. valuation services. The PREAMBLE of USPAP states that the Standards are C. limited to appraisers who are acc...

APPRAISAL (noun) act or process of developing an opinion of value; an opinion of value (adj) of or pertaining to appraising and related functions such as an appraisal practice or appraisal services APPRAISAL CONSULTING the act or process of developing an analysis, recommendation or opinion to so...

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 ...