15-Hour National USPAP Course Exam [uspap-exam]

Under USPAP's Record Keeping Rule, what is the minimum retention period for an appraisal workfile?

3 years after preparation or 1 year after final judicial disposition, whichever is later 5 years after preparation or 2 years after final judicial disposition, whichever is later 7 years after preparation or 3 years after final judicial disposition, whichever is later 2 years after preparation or 1 year after final judicial disposition, whichever is later

Correct Answer:

5 years after preparation or 2 years after final judicial disposition, whichever is later

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