The requirements for state licensed and certified appraisers had their genesis in CORRECT ANSWERS: FIRREA
A certified residential appraiser needs ____
... [Show More] hours of continuing education per year to renew his or her certification CORRECT ANSWERS: 14
True or False: An applicant for Certified General appraiser must possess at least an associate's degree from an accredited college or university. CORRECT ANSWERS: False
An applicant who wishes to become a Certified Residential appraiser must have accumulated a minimum of ______ hours of appraisal education. CORRECT ANSWERS: 200
According to the 2018 AQB Criteria, an applicant for Certified General Appraiser must obtain _______ experience hours in no fewer than _____ months. CORRECT ANSWERS: 3,000 & 18
True or False: Of the required number of experience hours required for certified general appraiser applicants, at least 1,500 hours must be in the appraisal of non-residential property. CORRECT ANSWERS: True
The appraisal of what type of property is more likely to be affected by local neighborhood conditions? CORRECT ANSWERS: a single-family residence
True or False: The end of the U.S. housing boom meant that appraisal business dropped significantly across the country. CORRECT ANSWERS: False
Which is a true statement regarding appraiser examinations?
A. They are administered directly by the AQB
B. The exams are the same regardless of the level of licensing or certification desired
C. They are the same in every state, with few exceptions
D. They are different in every state CORRECT ANSWERS: They are the same in every state, with few exceptions
An appraisal report
A. must be in writing
B. must be delivered orally
C. can be either written or oral
D. must be delivered orally and then followed up in writing CORRECT ANSWERS: C. can be either written or oral
Under the 2018 AQB criteria, an Appraiser Trainee is permitted to have ________ supervising appraiser, but a supervising appraiser may not supervise ________ trainees. CORRECT ANSWERS: More than one, more than three [Show Less]