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Key Facts: USPAP Exam
110 Q
Exam Questions
110 scored + 15 pretest
70%
Passing Score
Appraisal Foundation
4-6 hrs
Exam Time
Depends on credential level
65-75%
Pass Rate
National average
2024-25
Current Edition
Effective 2024-2025
200+
Practice Questions Here
OpenExamPrep
The USPAP exam is required for all licensed and certified real estate appraisers, with 110 questions covering Ethics, Competency, Standards 1-10, and Advisory Opinions. The 2024 edition added a Nondiscrimination section to the Ethics Rule and replaced AO-16 with AO-39 (Fair Housing) and AO-40 (Residential Discrimination). Pass rates range from 65-75%. Three credential levels exist: Licensed Residential, Certified Residential, and Certified General, each with different education and experience requirements.
About the USPAP Exam
The USPAP exam tests knowledge of the Uniform Standards of Professional Appraisal Practice, which governs real estate appraisal in the United States. The exam covers the Ethics Rule (including the 2024 Nondiscrimination updates), Competency Rule, Record Keeping Rule, Scope of Work Rule, Jurisdictional Exception Rule, Standards 1-10 for real property, personal property, and business appraisal, Appraisal Review, Mass Appraisal, and Advisory Opinions. USPAP is required for all state-licensed and certified real estate appraisers.
Questions
110 scored questions
Time Limit
4-6 hours
Passing Score
70%
Exam Fee
$150-500 (The Appraisal Foundation / Pearson VUE)
USPAP Exam Content Outline
Ethics Rule
Conduct, management, confidentiality, conflicts of interest, fees, and 2024 Nondiscrimination section including Fair Housing Act, ECOA, and Civil Rights Act
Competency Rule
Competency requirements, bounded scope of practice, geographic competency, prior subject competency, accepting and declining assignments
Record Keeping Rule
Workfile requirements, retention periods, content requirements, ownership, security, and access
Scope of Work Rule
Problem identification, acceptable scope of work, appraisal vs appraisal review, disclosure requirements
Jurisdictional Exception Rule
When laws conflict with USPAP, disclosure requirements, remaining consistent with USPAP
Standards 1-2: Real Property
Appraisal development and reporting, problem identification, data analysis, highest and best use, approaches to value
Standards 3-4: Appraisal Review
Review development and reporting, scope of work for review, opinion on quality, review with value opinion
Standards 5-6: Mass Appraisal
Mass appraisal development and reporting, model specifications, calibration, testing for accuracy and uniformity
Standards 7-8: Personal Property
Personal property appraisal development and reporting
Standards 9-10: Business
Business appraisal development and reporting
Advisory Opinions
AO-39 (Fair Housing Laws), AO-40 (Residential Discrimination), and other applicable advisory opinions
How to Pass the USPAP Exam
What You Need to Know
- Passing score: 70%
- Exam length: 110 questions
- Time limit: 4-6 hours
- Exam fee: $150-500
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
USPAP Study Tips from Top Performers
Frequently Asked Questions
What is USPAP and who needs to know it?
USPAP (Uniform Standards of Professional Appraisal Practice) is the recognized ethical and performance standard for appraisal practice in the United States. All state-licensed and certified real estate appraisers must know and comply with USPAP. Many other valuation professionals, including personal property appraisers and business appraisers, also follow USPAP standards.
What are the 2024-2025 USPAP updates?
Key 2024-2025 updates include: 1) A new Nondiscrimination section in the Ethics Rule prohibiting bias based on protected characteristics, 2) Advisory Opinion AO-16 was retired and replaced by AO-39 (Fair Housing Laws) and AO-40 (Residential Discrimination and Bias), 3) Modified definitions of Appraiser, Personal Inspection, and Workfile, 4) Retired definitions of Assignment Elements, Misleading, and Relevant Characteristics, 5) Clarification regarding 'sales and other transfers' throughout the Standards Rules.
What are the different appraiser credential levels?
There are three main credential levels: 1) Licensed Residential (150 hours education, 2,000 experience hours), 2) Certified Residential (200 hours education, 2,500 experience hours, associate degree or equivalent), and 3) Certified General (300 hours education, 3,000 experience hours, bachelor's degree or equivalent). Each level has different scope of practice and exam requirements.
How hard is the USPAP exam?
The USPAP exam has a pass rate of approximately 65-75%, depending on the credential level and candidate preparation. The exam is challenging because it tests both knowledge of specific USPAP rules and the ability to apply them to complex scenarios. Candidates who complete an approved USPAP course and study extensively using practice questions tend to perform better.
What topics are most heavily tested on the USPAP exam?
The most heavily tested topics include: Ethics Rule (including the new Nondiscrimination section), Competency Rule, Standards 1-2 (Real Property Appraisal Development and Reporting), Standards 3-4 (Appraisal Review), Scope of Work Rule, and Record Keeping Rule. The 2024-2025 exam places increased emphasis on fair housing, nondiscrimination, and avoiding bias in appraisal practice.
How often is USPAP updated?
USPAP is updated every two years. The current 2024-2025 edition is effective from January 1, 2024 through December 31, 2025. Appraisers must complete a 7-hour USPAP update course every two years to maintain their license or certification. The next edition will be the 2026-2027 USPAP, effective January 1, 2026.