VIP Exclusive
SRA Senior Residential Appraiser VIP Practice Exam
SRA — The SRA (Senior Residential Appraiser) is a residential appraisal designation conferred by the Appraisal Institute. Candidates must pass a comprehensive written examination covering appraisal theory, USPAP, valuation methodology, and report writing; the exam is closed-book, typically 150 questions administered over 3.5 hours, with a passing score of approximately 75%.
30
Questions
210m
Time Limit
75.00%
To Pass
Question 1 of 30👑 VIP
An appraiser is completing a USPAP-compliant appraisal of a single-family residence. During the inspection, she discovers that the seller disclosed a prior underground fuel tank that was removed and remediated five years ago. The state environmental agency issued a 'no further action' letter after remediation. Which of the following best describes her obligation under USPAP?
Questions 2–30 and full explanations are VIP-exclusive.