Certified Residential Appraiser Practice Exam

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How often must appraisers complete the 7-Hour National USPAP Update Course?

  1. Every year

  2. Every 2 calendar years

  3. Every 3 calendar years

  4. Every 5 calendar years

The correct answer is: Every 2 calendar years

Appraisers are required to complete the 7-Hour National USPAP Update Course every 2 calendar years to remain compliant with the standards set forth by The Appraisal Foundation. This requirement is designed to ensure that appraisers stay up to date with the latest practices, ethics, and regulations related to appraisal work. The biennial refresher course helps maintain a consistent understanding of the Uniform Standards of Professional Appraisal Practice (USPAP), which is crucial for the integrity and quality of appraisal services. Keeping this training current is vital for appraisers to effectively uphold professional standards and to provide reliable appraisal services.

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