Exam (elaborations)
USPAP Exam Questions and Answers (Graded A)
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USPAP Exam Questions and Answers
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USPAP Exam Questions and AnswersBig ii5
1
1. iiETHIC iiRULE
2. iiRECORD iiKEEPING iiRULE
3. iiCOMPETENCY iiRULE
4. iiSCOPE iiOF iiWORK
5. iiJURISDICTIONAL iiEXCEPTION iiRULE
Development
1
odd ii# iiStandards iiend iiin ii___
standard ii1 iiand ii2
1
real iiproperty iiappraisal, iidevelopment iiand iireporting
Reporting ii
1
even ii# iistandards iiend iiin ii__
,standard ii7 iiand ii8
1
personal iiproperty iiappraisal, iidevelopment iiand iireporting
standard ii3 iiand ii4
1
appraisal iireview, iidevelopment iiand iireporting
standard ii5 iiand ii6
1
mass iiappraisal, iidevelopment iiand iireporting
standard ii9 iiand ii10
1
business iiappraisal, iidevelopment iiand iireporting
ethics iirule
1
sets iiforth iirequirements iifor iiintegrity, iiimpartiality, iiobjectivity, iiindependent
iijudgement, iiand iiethical iiconduct.
record iikeeping iirule
1
establishes iithe iiworkfile iireq. iifor iiappraisal iiand iiappraisal iireview iiassignments
competency iirule
1
presents iipre-assignment iiand iiassignment iicondition iifor iiknowledge iiand
iiexperience
scope iiof iiwork iirule
,1
presents iiobligations iirelated iito iiproblem iiidentification, iiresearch, iiand iianalyses
jurisdictional iiexception iirule
1
preserves iithe iibalance iiof iiUSPAP iiif iia iiportion iiis iicontrary iito iilaw iior iipublic
iipolicy iiof iia iijurisdiction
process iistandards
1
Standard ii1 iiand ii2: iiReal iiProperty iiappraisal, iiD iiand iiR
Standard ii2 iiand ii3: iiAppraisal iiReview, iiD iiand iiR
Standard ii4 iiand ii5: iiMass iiAppraisal, iiD iiand iiR
Standard ii7 iiand ii8: iiPersonal iiproperty iiappraisal, iiD iiand iiR
Standard ii9 iiand ii10: iiBusiness iiappraisal, iiD iiand iiR
performance iistandards
1
preamble
definitions
ethics iirule
record iikeeping iirule
competency iirulepreamble
definitions
ethics iirule
record iikeeping iirule
competency iirule
scope iiof iiwork iirule
, jurisdictional iiexception iirule
scope iiof iiwork iirule
jurisdictional iiexception iirule
mass iiappraisal
1
the iiprocess iiof iivaluing iia iiuniverse iiof iiproperties iias iiof iia iigiven iidate iiusing
iistandard iimethodology, iiemploying iicommon iidata, iiand iiallowing iifor iistatistical
iitesting
BOT ii(board iiof iitrustees)
1
runs iiappraisal iifoundation
AQB ii(appraiser iiqualifications iiboard)
1
defines iiminimum ii3 ii"E's"
defines iiqualifications iifor iiindividual iiappraisers
3 iiE's
1
State iienforces
Exam
Experience iineeded ii(hours)
Education iirequirements
FIRREA
1
1989
financial iiinstitutions iireform, iirecovery, iiand iienforcement iiact
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