Chapter 2 Flashcards
1
Q
In January 1989 The Appraisal Foundation (TAF) adopted _________.
A
USPAP
2
Q
The TAF has four principal boards
A
Board of Trustees (BOT)
Appraisal Standards Board (ASB)
Appraiser Qualifications Board (AQB
Appraisal Practices Board (APB)
3
Q
BOT acts as an executive board for the TAF and is responsible for appointing members to the ASB, AQB and APB.
A
Board of Trustees
4
Q
ASB is responsible for creating standards for ethics and performance of appraiers USPAP.
ASB is responsible for USPAP.
A
Apprisal Standards Board (ASB)
