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USPAP: Definition & Rules

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which term refers to the individual records of each appraisal assignment according to USPAP?

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1. Which of the following is true when local law conflicts with USPAP standards?

2. Which of the following is contained within the USPAP preamble?

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About This Quiz & Worksheet

Using the worksheet and quiz, you can test your comprehension of USPAP. Topics like local law conflicts with USPAP standards and the USPAP preamble are on the quiz.

Quiz & Worksheet Goals

These resources are capable of gauging your knowledge of:

  • An example of a violation of the Ethics Rule under USPAP
  • An aspect of USPAP standards that is defined in the Ethics Rule
  • The term that refers to the individual records of each appraisal assignment according to USPAP
  • Local law conflicts with USPAP standards

Skills Practiced

  • Information recall - access the knowledge you have gained about the focus of the USPAP preamble
  • Reading comprehension - ensure that you draw the most important information from the lesson on USPAP rules
  • Knowledge application - use your knowledge to answer questions about different aspects of the USPAP standards

Additional Learning

USPAP: Definition & Rules is a lesson you can access to review more topics, including:

  • What USPAP stands for
  • The purpose of the USPAP preamble
  • Components of the five basic rules for real estate appraisers
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