Acturial Science > QUESTIONS and ANSWERS > USPAP 15-Hour Course Questions and Answers Already Passed (All)
USPAP 15-Hour Course Questions and Answers Already Passed
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The Preamble states that USPAP is ✔✔for appraisers and users of appraisal services. The stated purpose of USPAP ✔✔Promote and maintain a high level of public trust in appraisal practice. ... When obligated by law or regulation an appraiser must ✔✔comply with USPAP. USPAP applies to which types of properties? ✔✔Tangible and Intangible Valuation services ✔✔is not a subset of appraisal practice. An appraiser has the professional responsibility ✔✔to identify the capacity in which he or she is performing. Reasons why an appraiser would prepare an appraisal assignment in conformance with USPAP ✔✔1. Agreement with client. [Show More]
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