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Question # 7

Statements on Appraisal Standards (Statements) differ from Advisory Opinions in that they:

Options:

A.

Are binding and have the full weight of USPAP standards

B.

Are optional and unenforceable

C.

Only apply to state-specific licensing exams

D.

Can override state appraisal laws

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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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