Uspap law and regulations - Study guides, Class notes & Summaries
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2023-2024 15-HR NATIONAL USPAP COURSE COMPLETE STUDY SET RETAKE EXAM
- Exam (elaborations) • 6 pages • 2023
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Who is responsible for issuing credentials to individual appraisers? - CORRECT 
ANSWER-State appraiser regulatory agencies are responsible for receiving and 
processing applications for licensure and certification, and for issuing credentials to 
qualified individuals. 
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? - CORRECT 
ANSWER-USPAP is written, interpreted, and amended by the Appraisal Standards 
Board (ASB). The other answers listed are all responsibilities of th...
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National USPAP Course ch. 6 with 100% correct solutions
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National USPAP Course ch. 6What is the purpose of the JURISDICTIONAL EXCEPTION RULE? 
To provide a saving or severability clause to preserve the balance of USPAP 
To provide state appraisal regulatory agencies additional enforcement powers 
To allow USPAP to preempt existing laws and regulations - correct answer To provide a saving or severability clause to preserve the balance of USPAP 
 
When a law or regulation precludes compliance with any part of USPAP, appraisers must: 
Comply with that l...
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2023-2024 15-HR NATIONAL USPAP COURSE COMPLETE STUDY SET RETAKE EXAM
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
-HR NATIONAL USPAP 
COURSE COMPLETE STUDY SET 
RETAKE EXAM 
Who is responsible for issuing credentials to individual appraisers? - CORRECT 
ANSWER-State appraiser regulatory agencies are responsible for receiving and 
processing applications for licensure and certification, and for issuing credentials to 
qualified individuals. 
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? - CORRECT 
ANSWER-USPAP is written, interpreted, and amended by the Appraisal Standards 
Board ...
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2020-2021 15-hr National USPAP Course questions and answers well illustrated.
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
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2020-2021 15-hr National USPAP Course questions and answers well illustrated. 
 
 
 
 
 
 
 
 
 
 
 
 
Who is responsible for issuing credentials to individual appraisers? - correct answers.State appraiser regulatory agencies are responsible for receiving and processing applications for licensure and certification, and for issuing credentials to qualified individuals. 
 
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? - correct answers.USPAP is written, interpreted, and amende...
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Gold Coast School Real Estate Questions( Chapter1-19) 100% Solved
- Exam (elaborations) • 16 pages • 2023
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1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 
 
2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: 
A. Providing expert knowledge about construction methods and materials 
B. Providing expert knowledge to members of the public in the performance of specified services of real estate 
C. Following up wi...
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USPAP Test Questions and Answers All Correct
- Exam (elaborations) • 12 pages • 2023
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USPAP Test Questions and Answers All Correct 
 
Appraisers have broad _________ and significant _________ in determining the appropriate scope of work in an assignment. - ANSWER Flexibility, responsibility 
 
In order to determine the appropriate scope of work, the appraiser must ________ the problem to be solved. - ANSWER identify 
 
Identified by the appraiser on the basis of communication with the client - ANSWER Intended use 
 
Examples of assignment conditi...
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USPAP exam with 100% correct answers 2024
- Exam (elaborations) • 58 pages • 2024
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Different appraisal regulations among states. - answers-Which is not one of the contributing factors that led to a need for regulation in the appraisal profession? 
 
Appraisal Subcommittee (ASC) - answers-Responsible for the Federal oversight of state real estate licensing and certification 
 
TRUE - answers-(T/F) The AppraisalSubcommittee monitors the activities of TAF to determine if policies and procedures are consistent with title XI of FIRREA 
 
Appraisal Subcommittee (ASC) - answers-Which...
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2023-2024 15-HR NATIONAL USPAP COURSE COMPLETE STUDY SET RETAKE EXAM
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
-
- $10.99
- + learn more
-HR NATIONAL USPAP 
COURSE COMPLETE STUDY SET 
RETAKE EXAM 
Who is responsible for issuing credentials to individual appraisers? - CORRECT 
ANSWER-State appraiser regulatory agencies are responsible for receiving and 
processing applications for licensure and certification, and for issuing credentials to 
qualified individuals. 
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? - CORRECT 
ANSWER-USPAP is written, interpreted, and amended by the Appraisal Standards 
Board ...
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Mckissock basic appraisal principles latest update graded A
- Exam (elaborations) • 29 pages • 2023
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Mckissock basic appraisal principles latest update graded A grant deed deed containing, or having implied by law, some but not all of the usual covenants of title 
Appraiser One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. 
report any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authorized by the client upon completion of an assignment. 
narrative report...
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USPAP Study Set with Questions and Answers
- Exam (elaborations) • 7 pages • 2024
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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 PRACTICE valuation services performed by an individual acting as an appraiser, including but not limited to appraisal and appraisal review 
 
ASSUMPTION that which is taken to be true 
 
Gramm-Leach-Bliley Act (Nov 1999) some public agencies have adopted privacy regulations that affect a...
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