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
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Q7: Favorable mortgage financing may have a significant
Q8: When employing the sales comparison approach, appraisers
Q9: While there is no specific number of
Q10: The sequence of adjustments to the transaction
Q11: It may be appropriate for a real
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