Question

At its first meeting in 1989, the Appraisal Standards Board (ASB)...

A) Established global appraisal standards.
B) Issued the Uniform Standards of Professional Appraisal Practice (USPAP).
C) Discussed ethical guidelines for appraisers.
D) Defined the role of appraisers in real estate transactions.

Answer 1

The Appraisal Standards Board (ASB) issued the Uniform Standards of Professional Appraisal Practice (USPAP) at its first meeting in 1989.

Step-by-step explanation:

The answer to the question is B) Issued the Uniform Standards of Professional Appraisal Practice (USPAP).

In 1989, at its first meeting, the Appraisal Standards Board (ASB) issued the Uniform Standards of Professional Appraisal Practice (USPAP).

This set of standards provides guidelines for appraisers to follow in order to ensure professionalism, objectivity, and ethical conduct in real estate appraisal.