Which of the following establishes minimum criteria for real property appraiser certification and licensing CORRECT ANSWERS: AQB (Appraiser
... [Show More] Qualifications Board)
USPAP is enforced by CORRECT ANSWERS: State regulatory agencies and professional appraisal organisations USPAP is enforced by
Why are Advisory Opinions issued CORRECT ANSWERS: To illustrate the applicability of appraisal standards
Which of the following best describes a Comment to a Standards Rule? CORRECT ANSWERS: It is nonbonding guidance material
Which one of the following is an assignment condition? CORRECT ANSWERS: Extraordinary Assumption
An appraiser has received an assignment to appraise several collections where only one representative piece is available to be viewed for each collection. The appraiser has been advised that the collections are complete. the appraiser agrees to perform the assignment. The report MUST include the disclosure of the use of: CORRECT ANSWERS: confidential information
Appraisal practice is defined as: CORRECT ANSWERS: only valuation services that include an appraisal services that includes an appraisal or appraisal review
Credibility is judged in the context of the: CORRECT ANSWERS: competency of the appraiser
The party or parties who engages an appraiser in a specific assignment defines the: CORRECT ANSWERS: client
A tangible object that is NOT real estate is: CORRECT ANSWERS: Personal Property
That which is contrary to what is known by the appraiser to exist on the effective date of the assignment results, but is supposed for the purpose of analysis is: CORRECT ANSWERS: Hypothetical Condition
The purpose of USPAP is to: CORRECT ANSWERS: promote and maintain a high level of public trust
An appraiser must perform assignments with: CORRECT ANSWERS: Impartiality, objectivity, and independence without the accommodation of personal interests
An appraiser has been asked to appraise a property. IF the appraiser has performed any service relating to the property within a three-year period immediate [Show Less]