1|Page
Uspap Exam 2025 Questions And Answers
Graded A+
The Appraisal Foundation has the authority to enforce
the requirements of USPAP - .....ANSWER ...✔✔
FALSE
Currently, the boards within The Appraisal Foundation
include - .....ANSWER ...✔✔ Appraisal Standards
Board (ASB), Appraiser Qualifications Board (AQB),
Board of Trustees (BoT)
Which Foundation board is responsible for USPAP -
.....ANSWER ...✔✔ Appraisal Standards Board (ASB)
Which entity appoints members of the AQB and ASB -
.....ANSWER ...✔✔ Board of Trustees (BoT)
Qualification criteria for appraiser certification and
recertification are disseminated to state appraisal
boards by the - .....ANSWER ...✔✔ Appraiser
Qualifications Board (AQB)
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Which entity is responsible for establishing education
and experience requirements for licensing and
certification of appraisers - .....ANSWER ...✔✔
Appraiser Qualifications Board (AQB)
USPAP is written and amended by the - .....ANSWER
...✔✔ Appraiser Standards Board (ASB)
Advisory Opinions are best described as - .....ANSWER
...✔✔ Not part of USPAP, but included as reference
material
USPAP is enforced by - .....ANSWER ...✔✔ State
appraiser licensing/certification agencies
Who is responsible for issuing credentials to individual
appraisers - .....ANSWER ...✔✔ State appraisal
regulatory agencies
Which entity maintains the official National Registry of
state-certified and licensed appraisers - .....ANSWER
...✔✔ Appraisal Subcommittee (ASC)
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Which is NOT a responsibility of the Appraisal
Subcommittee (ASC) - .....ANSWER ...✔✔ Writing,
Interpreting, and amending USPAP
Which of these is considered an integral part of USPAP
and has the same weight as the components they
address - .....ANSWER ...✔✔ Comments
Why are USPAP Advisory Opinions issued - .....ANSWER
...✔✔ To offer advice
Which part of USPAP established the requirements for
workfile content for an appraisal or appraisal review
assignment - .....ANSWER ...✔✔ Record Keeping Rule
The first step on the appraisal process is - .....ANSWER
...✔✔ Identify the problem
Which step in appraisal process involves communication
of the appraiser's opinions and conclusions - .....ANSWER
...✔✔ Reporting
, 4|Page
In USPAP, the appraisal process is divided into two
distinct types of activity, ______ and ______ -
.....ANSWER ...✔✔ Development, Reporting
When obligated by law or regulation, an appraiser
______ comply with USPAP - .....ANSWER ...✔✔ Must
The Preamble states that USPAP is intended to benefit -
.....ANSWER ...✔✔ Appraisers and users of appraisal
services
What is the stated purpose of USPAP - .....ANSWER
...✔✔ Promote and maintain a high level of public
trust in appraisal practice
To which property types does USPAP apply to -
.....ANSWER ...✔✔ Both tangible and intangible
property
The requirement for USPAP compliance in an appraisal
assignment could be the result of - .....ANSWER ...✔✔
Law or Regulation, Agreement with the Client, Voluntary
Choice by the Appraiser
Uspap Exam 2025 Questions And Answers
Graded A+
The Appraisal Foundation has the authority to enforce
the requirements of USPAP - .....ANSWER ...✔✔
FALSE
Currently, the boards within The Appraisal Foundation
include - .....ANSWER ...✔✔ Appraisal Standards
Board (ASB), Appraiser Qualifications Board (AQB),
Board of Trustees (BoT)
Which Foundation board is responsible for USPAP -
.....ANSWER ...✔✔ Appraisal Standards Board (ASB)
Which entity appoints members of the AQB and ASB -
.....ANSWER ...✔✔ Board of Trustees (BoT)
Qualification criteria for appraiser certification and
recertification are disseminated to state appraisal
boards by the - .....ANSWER ...✔✔ Appraiser
Qualifications Board (AQB)
,2|Page
Which entity is responsible for establishing education
and experience requirements for licensing and
certification of appraisers - .....ANSWER ...✔✔
Appraiser Qualifications Board (AQB)
USPAP is written and amended by the - .....ANSWER
...✔✔ Appraiser Standards Board (ASB)
Advisory Opinions are best described as - .....ANSWER
...✔✔ Not part of USPAP, but included as reference
material
USPAP is enforced by - .....ANSWER ...✔✔ State
appraiser licensing/certification agencies
Who is responsible for issuing credentials to individual
appraisers - .....ANSWER ...✔✔ State appraisal
regulatory agencies
Which entity maintains the official National Registry of
state-certified and licensed appraisers - .....ANSWER
...✔✔ Appraisal Subcommittee (ASC)
,3|Page
Which is NOT a responsibility of the Appraisal
Subcommittee (ASC) - .....ANSWER ...✔✔ Writing,
Interpreting, and amending USPAP
Which of these is considered an integral part of USPAP
and has the same weight as the components they
address - .....ANSWER ...✔✔ Comments
Why are USPAP Advisory Opinions issued - .....ANSWER
...✔✔ To offer advice
Which part of USPAP established the requirements for
workfile content for an appraisal or appraisal review
assignment - .....ANSWER ...✔✔ Record Keeping Rule
The first step on the appraisal process is - .....ANSWER
...✔✔ Identify the problem
Which step in appraisal process involves communication
of the appraiser's opinions and conclusions - .....ANSWER
...✔✔ Reporting
, 4|Page
In USPAP, the appraisal process is divided into two
distinct types of activity, ______ and ______ -
.....ANSWER ...✔✔ Development, Reporting
When obligated by law or regulation, an appraiser
______ comply with USPAP - .....ANSWER ...✔✔ Must
The Preamble states that USPAP is intended to benefit -
.....ANSWER ...✔✔ Appraisers and users of appraisal
services
What is the stated purpose of USPAP - .....ANSWER
...✔✔ Promote and maintain a high level of public
trust in appraisal practice
To which property types does USPAP apply to -
.....ANSWER ...✔✔ Both tangible and intangible
property
The requirement for USPAP compliance in an appraisal
assignment could be the result of - .....ANSWER ...✔✔
Law or Regulation, Agreement with the Client, Voluntary
Choice by the Appraiser
