Laws and Regulations for CA Appraisers Latest Questions and Answers Rated 100% Correct
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Laws and Regulations for CA
Institution
Laws And Regulations For CA
The real estate brokerage and sales profession remained entirely
unregulated throughout the 1900s.
a. True
b. False
<~~> a. False
1.2 The event that led to the regulation of the appraisal profession was the:
a. Great Depression
b. Savings and Loan Crisis
c. Wall Street and Subprime ...
Laws and Regulations for CA
Appraisers Latest Questions and
Answers Rated 100% Correct
1.1 The real estate brokerage and sales profession remained entirely
unregulated throughout the 1900s.
a. True
b. False
✓ <~~> a. False
1.2 The event that led to the regulation of the appraisal profession was the:
a. Great Depression
b. Savings and Loan Crisis
c. Wall Street and Subprime Loan Crisis
d. Watergate
✓ <~~> b. Savings and Loan Crisis
1.3 What entity was referenced in FIRREA as a recognized source for
1.7 The ASC has monitoring authority over California's appraisal regulatory
agency.
a. True
b. False
✓ <~~> a. True
1.8 Who would be permitted to complete an appraisal for a federally related
transaction on a complex single-family property with a loan amount of
$500,000?
a. a certified residential appraiser only
b. a certified general appraiser only
c. a licensed appraiser only
Master01 | September, 2024/2025 | Latest update
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