Exam (elaborations)
Fl Real Estate Appraiser Laws and Rules Supplemental Examination 2024
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Fl Real Estate Appraiser Laws and Rules Supplemental Examination 2024
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Fl Real Estate Appraiser Laws and RulesSupplemental Examination 2024
You believe an amendment to the Appraiser Licensing Law should be made. Who
has the power to make this amendment?
The state legislature
The governor's office
The FL real estate appraiser board
The appraisal foundation - correct answer ✅The state legislature
Under the Powers of the Board, the provisions authorize the Board to enact rules
to:
-License mortgage brokers
-Protect signature security
-Revise 475 part II without legislature approval
-Prosecute loan originators for ethics violations - correct answer ✅Protect
signature security
How many members are on the Florida Real Estate Appraisal Board?
,Fl Real Estate Appraiser Laws and Rules
Supplemental Examination 2024
3
5
7
9 - correct answer ✅9
An appraisal management company is permitted to:
-Ask an appraiser to correct factual errors
-Provide an appraiser with stock or nonfinancial benefits
-Threaten to withhold future business from an appraiser
-Alter an appraisal report if needed - correct answer ✅Ask an appraiser to correct
factual errors
At the time of filing an application for registration of an AMC, all persons required
to make application must:
Sign a pledge to comply with USPAP
Pay a non-refundable fee of $500
Register with the Department of Banking and Finance
, Fl Real Estate Appraiser Laws and Rules
Supplemental Examination 2024
Provide proof of membership in TAVMA - correct answer ✅Sign a pledge to
comply with USPAP
An exception to the AMC registration requirement would be a (an):
Appraiser cooperative
Appraisal portal
Mortgage technology company
Individual employee of an AMC - correct answer ✅Individual employee of an
AMC
An appraiser prepared and delivered a report in September 2019 and testified
about the appraisal report in May 2020. Final disposition of the case occurred in
January 2021. Under 475.629, the appraiser keep the workfile until:
keep the workfile until:
May 2023
September 2024
May 2025
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