course for 2026-
2027 Questions
and Answers
Verified
USPAPBAdvisoryBOpinionsBareBconsideredBbyBtheBASBBtoBbe:B-
BAnswerBOtherBcommunications,BandBnotBpartBofBUSPAP
TheBnewBeditionBofBUSPAPBhasBbeenBreleased.BWhichBstatementBisBtrueBregardingBth
eBeffectiveBdateBofBthisBnewBeditionBofBUSPAP?B-
BAnswerBTheBASBBdeterminesBwhenBtheBeditionBofBUSPAPBwillBbeBeffective.
TheBendingBeffectiveBdateBforBtheB2024BeditionBofBUSPAPBis:B-
BAnswerBToBbeBdetermined
IsBthereBaBdifferenceBbetweenBaBDiscussionBDraftBandBanBExposureBDraft,BandBifBso,
BwhatBisBtheBdifference?B-
BAnswerBAnBexposureBdraftBisBaBformalBproposalBtoBreviseBUSPAP,BwhileBaBdiscussion
BdraftBmerelyBsolicitsBfeedbackBfromBindustryBparticipants.
YouBsendBtheBASBBaBletterBwithBaBcommentBregardingBaBproposedBchangeBtoBUSPAP.
BWhoBwillBreadBit?B-BAnswerBallBmembersBofBtheBASB
TheBASBBhasBissuedBanBexposureBdraftBofBproposedBchangesBtoBUSPAP.BWhatBmustB
occurBbeforeBtheseBproposedBchangesBmayBbeBmadeBtoBUSPAP?B-
, BAnswerBTheBproposedBchangesBmustBbeBdiscussedBandBadoptedBatBaBpublicBmeetin
g
ABstakeholderBinBtheBappraisalBprofessionBwantsBtoBparticipateBinBtheBUSPAPBrevision
BprocessBbutBdoesBnotBhaveBtheBtimeBtoBtravelBtoBattendBASBBmeetingsBinBperson.B
WhatBisBthisBindividual'sBbestBoption?B-
BAnswerBRegisterBforBASBBmeetingsBandBlivestreamBthemBonBtheirBcomputer.
TheBPREAMBLEBstatesBthatBUSPAPBisBpromulgatedBfor:B-
BAnswerBAppraisersBandBusersBofBappraisalBservices
TheBprimaryBpurposeBofBUSPAPBis:B-
BAnswerBPromotingBandBpreservingBpublicBtrustBinBappraisalBpractice.
_______BchangeBisBoneBofBtheBreasonsBwhyBtheBASBBaddedBtheBNondiscriminationBs
ectionBtoBtheBETHICSBRULE.B-BAnswerBSocial
WithBregardBtoBprohibitionsBonBbiasBandBdiscrimination,BtheBrevisionsBtoBtheBcurrent
BeditionBofBUSPAPBwereBmadeBinBorderBto:B-
BAnswerBMakeBexistingBprohibitionsBclearerBandBmoreBdirect
WhichBstatementBregardingBbiasBandBUSPAPBisBTRUE?B-
BAnswerBUSPAPBhasBalwaysBprohibitedBappraisersBfromBperformingBanBassignmentBwit
hBbias.
WhichBtermBisBdefinedBinBfederalBregulationsBasB"aBresidentialBstructureBthatBcontain
sBoneBtoBfourBlivingBunitsBwhetherBorBnotBthatBstructureBisBattachedBtoBrealBpropert
y"?B-BAnswerBDwelling
WhichBofBtheBfollowingBisBNOTBaBfederalBantidiscriminationBlawBthatBisBspecificallyBre
ferencedBinBtheBNondiscriminationBsectionBofBtheBETHICSBRULE?B-BAnswerBDodd-
FrankBAct