Minnesota Appraisal Trainee Practice Exam 2025 – The Comprehensive Guide to Master Your Licensing!

Question: 1 / 400

Which statement is true regarding the USPAP definition of client?

The client is the same as the intended user

The client may engage the appraiser through an agent

The statement that the client may engage the appraiser through an agent is accurate because the Uniform Standards of Professional Appraisal Practice (USPAP) recognizes that a client can be a person or entity who hires an appraiser, regardless of whether they engage the appraiser directly or through an intermediary. This is a common practice in the appraisal industry, as clients may choose to use agents, such as real estate brokers or attorneys, to facilitate the engagement process.

This flexibility in the definition of client allows for a broader understanding of who can be involved in appraisal assignments and acknowledges the practical realities of real estate transactions and professional services. The ability for a client to use an agent to engage an appraiser reflects the nuances of client relationships in the real world, which can vary from direct engagements to those involving third parties.

In contrast, the other statements do not accurately reflect the nuances of the USPAP definition of a client. Clients can indeed be both individuals and entities, including but not limited to government organizations, and they can engage appraisers directly. Moreover, the distinction between a client and an intended user is also important; while all clients can be intended users of an appraisal report, not all intended users are clients since intended users might receive the report without having directly

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The client can only be a government entity

Clients do not engage appraisers directly

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