Uspap practice test - Study guides, Class notes & Summaries

The PREAMBLE states the purpose of USPAP is to maintain public ___ in the appraisal practice by establishing requirements for appraisers. - answer-trust USPAP benefits providers of appraisal services and - answer-users of appraisal services. Which is NOT considered significant real property appraisal assistance? - answer-collecting employment data for use in analysis A valuation service performed by an individual acting as an appraiser requires the appraiser to - answer-inquire ...

USPAP PRACTICE TESTSTANDARD 2 contains standards for: a. Real property appraisal review assignments b. Development and reporting of real property appraisals c. Reporting the results of real property appraisals * d. Development of real property appraisals - correct answer Reporting the results of real property appraisals The DEFINITIONS in USPAP: a. Are superseded by definitions in standard English dictionaries b. Are all taken from legal dictionaries c. Were established by FIRREA d...

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STANDARD 2 contains standards for: a. Real property appraisal review assignments b. Development and reporting of real property appraisals c. Reporting the results of real property appraisals * d. Development of real property appraisals Reporting the results of real property appraisals The DEFINITIONS in USPAP: a. Are superseded by definitions in standard English dictionaries b. Are all taken from legal dictionaries c. Were established by FIRREA d. Apply only in the context of USPAP ...

The PREAMBLE states the purpose of USPAP is to maintain public ___ in the appraisal practice by establishing requirements for appraisers. - ANSWER trust USPAP benefits providers of appraisal services and - ANSWER users of appraisal services. Which is NOT considered significant real property appraisal assistance? - ANSWER collecting employment data for use in analysis A valuation service performed by an individual acting as an appraiser requires the appraiser to - ANSWER inquire about th...

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