USPAP 15-Hour Course 2024/2025 Exam
Questions and Corresponding Answers
with Surety of 100% Pass Mark
The Preamble states that USPAP is - 🧠ANSWER ✔✔for appraisers and
users of appraisal services.
The stated purpose of USPAP - 🧠ANSWER ✔✔Promote and maintain a
high level of public trust in appraisal practice.
When obligated by law or regulation an appraiser must - 🧠ANSWER
✔✔comply with USPAP.
USPAP applies to which types of properties? - 🧠ANSWER ✔✔Tangible
and Intangible
Valuation services - 🧠ANSWER ✔✔is not a subset of appraisal practice.
An appraiser has the professional responsibility - 🧠ANSWER ✔✔to identify
the capacity in which he or she is performing.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. 1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,Reasons why an appraiser would prepare an appraisal assignment in
conformance with USPAP - 🧠ANSWER ✔✔1. Agreement with client.
2. Law or regulation.
3. Voluntary choice.
An appraiser who provides an appraisal service that is not an appraisal,
appraisal review, or appraisal consulting assignment does not have workfile
obligations associated with the assignment. - 🧠ANSWER ✔✔True
An individual is not prohibited from providing valuation services that involve
advocacy while acting as an appraiser. - 🧠ANSWER ✔✔False
When performing valuation services outside of appraisal practice,
appraisers must be careful not to _________________ the client and other
intended users about their role. - 🧠ANSWER ✔✔Mislead
USPAP states that in a situation when an individual is not required by law,
regulation, or agreement to comply with USPAP: - 🧠ANSWER ✔✔The
individual should still comply when acting as an appraiser.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. 2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, An appraiser is engaged to teach an appraisal course. What parts of
USPAP apply? - 🧠ANSWER ✔✔The parts of USPAP that apply generally
to appraisal practice.
The Appraisal Practices Board (APB) was created when? - 🧠ANSWER
✔✔2010
The APB is a(n) - 🧠ANSWER ✔✔independent board.
Boards within The Appraisal Foundation (TAF) - 🧠ANSWER ✔✔1. Board of
Trustees (BOT)
2. Appraisal Standards Board (ASB)
3. Appraisal Qualifications Board (AQB)
4. Appraisal Practices Board (APB)
APB is a - 🧠ANSWER ✔✔private entity.
The APB has authority to enforce the requirements of USPAP. -
🧠ANSWER ✔✔False
Who has the only jurisdiction and authority over appraisers? - 🧠ANSWER
✔✔States
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. 3
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Questions and Corresponding Answers
with Surety of 100% Pass Mark
The Preamble states that USPAP is - 🧠ANSWER ✔✔for appraisers and
users of appraisal services.
The stated purpose of USPAP - 🧠ANSWER ✔✔Promote and maintain a
high level of public trust in appraisal practice.
When obligated by law or regulation an appraiser must - 🧠ANSWER
✔✔comply with USPAP.
USPAP applies to which types of properties? - 🧠ANSWER ✔✔Tangible
and Intangible
Valuation services - 🧠ANSWER ✔✔is not a subset of appraisal practice.
An appraiser has the professional responsibility - 🧠ANSWER ✔✔to identify
the capacity in which he or she is performing.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. 1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,Reasons why an appraiser would prepare an appraisal assignment in
conformance with USPAP - 🧠ANSWER ✔✔1. Agreement with client.
2. Law or regulation.
3. Voluntary choice.
An appraiser who provides an appraisal service that is not an appraisal,
appraisal review, or appraisal consulting assignment does not have workfile
obligations associated with the assignment. - 🧠ANSWER ✔✔True
An individual is not prohibited from providing valuation services that involve
advocacy while acting as an appraiser. - 🧠ANSWER ✔✔False
When performing valuation services outside of appraisal practice,
appraisers must be careful not to _________________ the client and other
intended users about their role. - 🧠ANSWER ✔✔Mislead
USPAP states that in a situation when an individual is not required by law,
regulation, or agreement to comply with USPAP: - 🧠ANSWER ✔✔The
individual should still comply when acting as an appraiser.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. 2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, An appraiser is engaged to teach an appraisal course. What parts of
USPAP apply? - 🧠ANSWER ✔✔The parts of USPAP that apply generally
to appraisal practice.
The Appraisal Practices Board (APB) was created when? - 🧠ANSWER
✔✔2010
The APB is a(n) - 🧠ANSWER ✔✔independent board.
Boards within The Appraisal Foundation (TAF) - 🧠ANSWER ✔✔1. Board of
Trustees (BOT)
2. Appraisal Standards Board (ASB)
3. Appraisal Qualifications Board (AQB)
4. Appraisal Practices Board (APB)
APB is a - 🧠ANSWER ✔✔private entity.
The APB has authority to enforce the requirements of USPAP. -
🧠ANSWER ✔✔False
Who has the only jurisdiction and authority over appraisers? - 🧠ANSWER
✔✔States
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. 3
PRIVACY STATEMENT. ALL RIGHTS RESERVED
