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15-Hour USPAP National Course, Mckissock USPAP All Chapters Test Bank. What is USPAP? ️ Uniform Standards of Professional Appraisal Practice Why was USPAP developed? ️ To promote and maintain a high level of public trust as well as confidence in professional appraisal practice What are the benefits of USPAP? ️ 1) Provides a common basis for comparison (eg are we doing the appropriate work for the type of assignment?) 2) Provides a reference source for all users of the document. 3) ...

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AQB - answer-establishes minimum education, experience, etc. for certification of real property appraisers and supervisors ASB - answer-revises and promulgates USPAP; responsible for subject, content, and substance of USPAP Appraisal Subcommittee - answer-operations are funded by state certified appraisers thru their license renewal payment in the form of a National Registry fee. Fee is paid to states and transferred to this committee Standards 1-10 - answer-address value, not p...

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