For the ASB to adopt changes issued in an Exposure Draft, what must occur?

The correct answer highlights that the Appraisal Standards Board (ASB) requires the Appraisal Qualifications Board (AQB) to sign off on proposed changes outlined in an Exposure Draft. This process is part of the structured framework that ensures changes to appraisal standards align with broader qualification requirements and uphold the integrity of the appraisal profession.

The involvement of the AQB serves as a form of oversight and quality control, providing a necessary approval layer before any amendments to the standards can be publicly implemented. This ensures that any changes made are in harmony with existing qualifications and standards, which is crucial for maintaining consistency and reliability within the appraisal industry.

In contrast, the other options don't accurately reflect the necessary steps in this process. The public's approval alone does not contribute to the formal adoption of the changes, nor is there a requirement for a majority of appraisers to support the changes, as individual support does not dictate the official standards. Additionally, a unanimous decision by the ASB is not a prerequisite; majority consensus within the board is typically sufficient for adoption, assuming AQB approval is obtained.