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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 enforceme...

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 (AS...

The ASB considers suggestions for changes to USPAP from: - Appraisers, users of appraisal services, regulators, and others You have a suggestion for a change to USPAP, and you want to tell the ASB about it. When making your suggestion, it is helpful to the ASB if you: - Explain how the proposed c...

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 - "purc...