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Begin by reviewing the sections outlined in the document. Familiarize yourself with the requirements for education and experience submissions as detailed in Section B.
In Section F, carefully read through the guidelines regarding affidavits and affirmations. Ensure you understand what documentation is required for initial certification and credential upgrades.
Fill out your personal information in the designated fields, ensuring accuracy to avoid delays in processing your application.
For each claimed experience or education course, provide supporting details as necessary. If affidavits are accepted, ensure they are properly formatted and signed.
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What will the ASC do with complaints filed against appraisers that are received on the National Complaint Hotline?
The ASC has no authority to investigate matters concerning your complaint. The Hotline does not collect any complaint information; nor does the Hotline involve itself in the complaint or complaint process.
Which is not a responsibility of the ASC?
Textbook Expert-Verified⬈(opens in a new tab) The correct answer is D) Providing guidance on appraisal ethics, as the Appraisal Subcommittee (ASC) focuses on compliance and regulatory responsibilities rather than setting ethical standards.
What is the ASC policy statement?
The ASC Policy Statements provide guidance to ensure State appraiser docHubing and licensing agencies comply with Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, and the rules promulgated thereunder.
Which act requires appraisers to be monitored by ASC?
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 created an oversight structure for appraisals and appraisers that involves state, federal, and private entities. This structure includes ASC, a federal agency responsible for monitoring these entities Title XI-related activities.
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(To be added to ASC Policy Statement 10 Enforcement)
While the ASC has no preference for any specific methodology, State agencies, at a minimum, should have a reliable means of validating both education and
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