GENERAL EXAM (ARIZONA / NATIONAL)
2026/2027 ACCURATE EXAM REAL
QUESTIONS WITH WELL ELABORATED
ANSWERS (100% CORRECT VERIFIED
SOLUTIONS) LATEST UPDATED VERSION
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1. In USPAP, the concept of "intended use" refers to:
A) The purpose of the appraisal
B) The appraiser's opinion of value
C) The use of the appraisal by the client
D) The scope of work
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Answer: C
Rationale: Intended use is defined in USPAP as the use(s) of the
appraisal report by the client, identified by the appraiser
based on communication with the client. This is distinct from
intended user.
2. An appraiser must remain independent, impartial, and
objective. This is the definition of:
A) Scope of work
B) Ethics Rule
C) Competency Rule
D) Supplemental Standards Rule
Answer: B
Rationale: The Ethics Rule covers impartiality, objectivity, and
independence, as well as management of confidentiality and
advertising.
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3. Which of the following is a violation of the
Confidentiality section of the Ethics Rule?
A) Discussing an appraisal with another appraiser without
client names
B) Releasing a copy of the appraisal to a government agency
with a subpoena
C) Sharing the report with a lender after the client approves
D) Discussing the report with the homeowner without client
permission
Answer: D
Rationale: The client is the lender or party who engaged the
appraiser. Unless the homeowner is the client, discussing the
report with them without client consent violates confidentiality.
4. (Scenario) A certified general appraiser is asked to
appraise a 200-unit apartment complex in Phoenix. She has
never done apartments over 50 units. Per USPAP, she must:
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A) Decline the assignment
B) Disclose lack of experience and take steps to become
competent
C) Complete the assignment without disclosure
D) Refer to a MAI only
Answer: B
Rationale: Competency Rule requires disclosure of lack of
experience and steps to gain competency before accepting
the assignment.
5. The Jurisdictional Exception Rule applies when:
A) An appraiser disagrees with USPAP
B) Laws or regulations contradict USPAP
C) The client demands a different value
D) Scope of work is limited
Answer: B
Rationale: If law precludes compliance with USPAP, the