USPAP

The Preamble states that USPAP is CORRECT ANSWERS: for appraisers and users of appraisal services. The stated purpose of USPAP CORRECT ANSWERS: Promote and maintain a high level of public trust in appraisal practice. When obligated by law or regulation an appraiser must CORRECT ANSWERS: comply with USPAP. USPAP applies to which types of properties? CORRECT ANSWERS: Tangible and Intangible Valuation services CORRECT ANSWERS: is not a subset of appraisal practice. An appraiser ...

1.) Which of the following establishes minimum criteria for real property appraiser certification and licensing? CORRECT ANSWERS: aqb 2.) USPAP is enforced by: CORRECT ANSWERS: state regulatory agencies and professional appraisal organizations. 3.) Why are Advisory Opinions issued? CORRECT ANSWERS: To illustrate the applicability of appraisal standards 4.) Which of the following best describes a Comment to a Standards Rule? CORRECT ANSWERS: 5.) Which one of the following is an a...