Question

The ________ maintains a national registry of licensed and certified appraisers.

A) Federal Reserve.
B) Appraisal Oversight Board.
C) Appraisal Qualifications Board.
D) Appraisal Subcommittee.

Answer 1

The Appraisal Subcommittee (ASC) is the organization maintaining a national registry of licensed and certified appraisers, not the Federal Reserve, Appraisal Oversight Board, or Appraisal Qualifications Board.The correct answer is option D.

Step-by-step explanation:

The organization that maintains a national registry of licensed and certified appraisers in the United States is the Appraisal Subcommittee (ASC). While the Federal Reserve does have responsibilities for supervising financial institutions and conducts monetary policy.

And other boards such as the Appraisal Qualifications Board (AQB) set the qualifications for appraisers, it is the ASC that oversees the real estate appraisal profession and maintains the national registry.The correct answer is option D.