What does ASB stand for in the appraisal profession?

Prepare for the National Appraiser Exam with targeted flashcards and multiple choice questions, complete with hints and explanations. Ace your test confidently!

In the appraisal profession, ASB stands for the Appraisal Standards Board. This organization is part of the Appraisal Foundation, which establishes standards for appraisers to ensure that they conduct their work with professionalism and integrity. The ASB is specifically responsible for developing and maintaining the Uniform Standards of Professional Appraisal Practice (USPAP), which provides guidelines and standards for the appraisal profession in the United States. By following these standards, appraisers can ensure their work is credible and meets industry norms, which is essential for maintaining public trust in the assessment process.

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