Multiple Choice
Real estate professionals have long supported strict standards of ethics and practice. Followed by all states and federal regulatory agencies, which of the following imposes ethical obligations and minimum standards that must be followed by all real estate professionals providing formal estimates of market value?
A) Uniform Standards of Professional Appraisal Practice (USPAP)
B) Multiple Listing Services (MLS)
C) Department of Housing and Urban Development (HUD)
D) Office of Federal Housing Enterprise Oversight (OFHEO)
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Given the following information, determine the
Q7: Favorable mortgage financing may have a significant
Q8: While there are several conventional approaches used
Q9: Several techniques can be used to obtain
Q10: Adjustments for physical characteristics are intended to
Q12: It may be appropriate for a real
Q13: If all appraisal methods are appropriate for
Q14: Real estate appraisal is often considered "more
Q15: Given the following information, determine the
Q16: The cost approach to valuation assumes the