Which entity maintains the official National Registry of state certified and license appraisers?

Study for the McKissock 15hr National USPAP Test. Use flashcards and multiple-choice questions with hints and explanations. Get ahead in your appraisal career!

Multiple Choice

Which entity maintains the official National Registry of state certified and license appraisers?

Explanation:
The Appraisal Subcommittee maintains the official National Registry of state certified and license appraisers. Created under FIRREA, the ASC oversees state appraiser regulatory agencies and carries out the national registry function, keeping a centralized, public record of who is licensed or certified and any disciplinary actions. This makes it the authoritative source for verifying credentials across all states. The Appraisal Standards Board focuses on USPAP, not the registry; state regulatory agencies handle licensure within each state but don’t run the nationwide registry; and the Board of Trustees relates to governance of the Appraisal Foundation, not registry maintenance.

The Appraisal Subcommittee maintains the official National Registry of state certified and license appraisers. Created under FIRREA, the ASC oversees state appraiser regulatory agencies and carries out the national registry function, keeping a centralized, public record of who is licensed or certified and any disciplinary actions. This makes it the authoritative source for verifying credentials across all states. The Appraisal Standards Board focuses on USPAP, not the registry; state regulatory agencies handle licensure within each state but don’t run the nationwide registry; and the Board of Trustees relates to governance of the Appraisal Foundation, not registry maintenance.

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