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AQB 7-Hr. USPAP Required FAQ Response: The Appraisal Foundation does not publish a study guide for the National Uniform Licensing and Certification Examinations. The questions on the examinations are based upon the body of knowledge covered in the Required Core Curriculum as noted in Guide Note 1 (GN-1) of the Real Property Appraiser Qualification Criteria. Sample questions are available on The Appraisal Foundation website at www.appraisalfoundation.org. APPENDIX (2008 CRITERIA) Question 2: I hold a Certified Residential credential, which I obtained prior to the implementation of the 2008 Real Property Appraiser Qualification Criteria and now I plan to pursue a Certified General credential. The Criteria indicate I am required to successfully complete 100 additional hours of qualifying education. Will these additional hours make me qualified to pass the National Uniform Licensing and Certification Examination for the Certified General classification? Response: The National Uniform Licensing and Certification Examination for the Certified General classification is based upon the 300 hours of Required Core Curriculum coursework as outlined in the Real Property Appraiser Qualification Criteria. Depending upon when you completed your original education and the nature of your practice, you may be able to pass the National General Certification Exam. However, the AQB urges you to examine the Required Core Curriculum to identify any possible areas of perceived weakness in your education, and prepare yourself by taking additional qualifying education courses in those areas. CONTINUING EDUCATION Question 1: I am a state-certified appraiser and was told by my state appraiser regulatory agency the 15-Hour National USPAP Course would not satisfy my continuing education requirement to complete the 7-Hour National USPAP Update Course. Why can t I take the 15-Hour course in lieu of the 7-Hour course? Response: The Real Property Appraiser Qualification Criteria require the 7-Hour National USPAP Update Course be taken for continuing education (CE) every two calendar years. The 7-Hour National USPAP Update Course concentrates on the most recent changes to USPAP, common problem areas, and application of USPAP to real world situations. This course is appropriate for practicing appraisers who already have a baseline understanding of USPAP, but need to be apprised of recent developments and updates affecting their appraisal practice. The 15-Hour National USPAP Course is geared to the beginning appraiser who has a limited understanding of USPAP. The coverage and treatment of changes or emerging issues is not the focus of Question 2: I took some courses as qualifying education in order to obtain my appraiser credential. Am I allowed to re-take these same courses again for continuing education (CE) purposes now that I m credentialed? Response: If a course is approved by your state appraiser regulatory agency as (CE), you should be able to receive CE credit for taking the course, regardless of whether you previously took the course as qualifying education. However, some states prohibit re-taking the same course for CE purposes. Confirm with your state appraiser regulatory agency whether the course is eligible for CE. Question 3: I am a state regulator charged with reviewing and approving courses for continuing education (CE) for my state. An education provider submitted CE courses for review that are designed to prepare candidates for the National Uniform Licensing and Certification Examinations. Can the state approve an exam prep course for CE? Response: Nothing would prohibit a state from approving a course that prepares individuals for the National Uniform Licensing and Certification Examinations, provided the course adheres to the CE requirements as outlined in the Real Property Appraiser Qualification Criteria (i.e. the course covers applicable appraisal-related topics and is a minimum of 2 hours in length). 45

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ

AQB 7-Hr. USPAP Required FAQ