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Question # 32

What is the role of Advisory Opinions (AOs) in USPAP?

Options:

A.

They are enforceable standards that must be followed

B.

They provide guidance and illustrate application of USPAP but are not binding

C.

They override USPAP rules in special situations

D.

They are state laws governing appraisal licensing

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USPAP Overview

Name USPAP Certified General Appraiser
Code USPAP
Vendor Finance, Insurance and Real Est
Certification Appraiser Qualifications Board (AQB) and The Appraisal Foundation

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