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1 Exam (elaborations) McKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 correctly answered 2 Exam (elaborations) McKissock Liberty University -Chp.1 Basic Appraisal Principles, McKissick with correct answers 100% 3 Exam (elaborations) McKissock Liberty University -15-hour National USPAP Course - McKissock questions wi
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1 Exam (elaborations) McKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 correctly answered 2 Exam (elaborations) McKissock Liberty University -Chp.1 Basic Appraisal Principles, McKissick with correct answers 100% 3 Exam (elaborations) McKissock Liberty University -15-hour National USPAP Course - McKissock questions wi
McKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 correctly answered
McKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 correctly answered Which of the following typically incurs the highest burden of management? savings account money market certificate of deposit real estate - correct answer real estate True or False? Stocks are considered a good investment because the return OF your investment is guaranteed. - correct answer False You are an investor who owns a parcel of real property. You want to cash out your investment,...
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McKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 correctly answered Which of the following typically incurs the highest burden of management? savings account money market certificate of deposit real estate - correct answer real estate True or False? Stocks are considered a good investment because the return OF your investment is guaranteed. - correct answer False You are an investor who owns a parcel of real property. You want to cash out your investment,...
McKissock Liberty University -Chp.1 Basic Appraisal Principles, McKissick with correct answers 100%
McKissock Liberty University -Chp.1 Basic Appraisal Principles, McKissick with correct answers 100%USPAP defines an appraiser as.... - correct answer one who performs valuation services in a manner that is independent, impartial, and objective. FIRREA stands for - correct answer Financial Institutions Reform, Recovery, and Enforcement Act of 1989 What is one of the first things an appraiser must do when accepting an assignment? - correct answer Identify client and intended users, identify ...
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McKissock Liberty University -Chp.1 Basic Appraisal Principles, McKissick with correct answers 100%USPAP defines an appraiser as.... - correct answer one who performs valuation services in a manner that is independent, impartial, and objective. FIRREA stands for - correct answer Financial Institutions Reform, Recovery, and Enforcement Act of 1989 What is one of the first things an appraiser must do when accepting an assignment? - correct answer Identify client and intended users, identify ...
McKissock Liberty University -15-hour National USPAP Course - McKissock questions with answers
McKissock Liberty University -15-hour National USPAP Course - McKissock questions with answersUSPAP contains what 4 sections? - correct answer 1) The Preamble 2) Definitions 3) Rules 4) Standards USPAP Provides... - correct answer 1. A common basis for comparison 2. A reference source for all users of the document 3. A basis for uniform enforcement for state regulatory agencies 4. A reason for clients, other intended users, and the public to place their trust in the services performed b...
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McKissock Liberty University -15-hour National USPAP Course - McKissock questions with answersUSPAP contains what 4 sections? - correct answer 1) The Preamble 2) Definitions 3) Rules 4) Standards USPAP Provides... - correct answer 1. A common basis for comparison 2. A reference source for all users of the document 3. A basis for uniform enforcement for state regulatory agencies 4. A reason for clients, other intended users, and the public to place their trust in the services performed b...
McKissock Liberty University - Appraisal Procedures - Mckissock Quiz Questions with correct answers
McKissock Liberty University - Appraisal Procedures - Mckissock Quiz Questions with correct answersTrue or False: An appraiser's client must always directly engage the appraiser. - correct answer False A step-by-step procedure that can be applied to any type of appraisal assignment is - correct answer The valuation process True or False: The effective date of the valuation must be the date on which the appraiser inspected the subject property. - correct answer False "An assignment-spe...
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McKissock Liberty University - Appraisal Procedures - Mckissock Quiz Questions with correct answersTrue or False: An appraiser's client must always directly engage the appraiser. - correct answer False A step-by-step procedure that can be applied to any type of appraisal assignment is - correct answer The valuation process True or False: The effective date of the valuation must be the date on which the appraiser inspected the subject property. - correct answer False "An assignment-spe...
McKissock Liberty University -Basic Appraisal Principles Final Exam verified already passed
Basic Appraisal Principles Final ExamIn a particular market, there is a demand for 500 houses per year, and there are currently 1,500 houses for sale. What does this most likely indicate? - correct answer there is a three-year supply of homes currently for sale "A business arrangement in which two or more persons jointly own a business and share in its profits and losses" is the definition of - correct answer partner transferable development rights ship Property Owner A has the right to ...
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Basic Appraisal Principles Final ExamIn a particular market, there is a demand for 500 houses per year, and there are currently 1,500 houses for sale. What does this most likely indicate? - correct answer there is a three-year supply of homes currently for sale "A business arrangement in which two or more persons jointly own a business and share in its profits and losses" is the definition of - correct answer partner transferable development rights ship Property Owner A has the right to ...
Basic Appraisal Procedures - McKissock questions with answers
Basic Appraisal Procedures - Valuation process - correct answer A systematic procedure used in the valuation of real property. Client - correct answer The party or parties who engage, by employment or contract, an appraiser in a specific assignment. Steps in Defining the problem - correct answer Identification and location of the real estate; Identification of the property rights; Definition of value; Purpose and intended use of the appraisal; Effective date of the opinion of value; Any sp...
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Basic Appraisal Procedures - Valuation process - correct answer A systematic procedure used in the valuation of real property. Client - correct answer The party or parties who engage, by employment or contract, an appraiser in a specific assignment. Steps in Defining the problem - correct answer Identification and location of the real estate; Identification of the property rights; Definition of value; Purpose and intended use of the appraisal; Effective date of the opinion of value; Any sp...
McKissock Liberty University -Basic Appraisal Procedures Chapter 12 - Comprehensive Review Quiz well answered
McKissock Liberty University -Basic Appraisal Procedures Chapter 12 - Comprehensive Review Quiz well answered A property has a cost new of $350,000. It has an effective age of 20 years and a total expected economic life of 65 years. There are curable items totaling $45,000. If they are cured, it will reduce the effective age to 15 years. What is the value of the improvements on a modified age-life basis, before including the site value? - correct answer $234,545 $350,000 - $45,000 = $305,000...
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McKissock Liberty University -Basic Appraisal Procedures Chapter 12 - Comprehensive Review Quiz well answered A property has a cost new of $350,000. It has an effective age of 20 years and a total expected economic life of 65 years. There are curable items totaling $45,000. If they are cured, it will reduce the effective age to 15 years. What is the value of the improvements on a modified age-life basis, before including the site value? - correct answer $234,545 $350,000 - $45,000 = $305,000...
McKissock Liberty University -Basic Appraisal Procedures McKissock questions with complete solutions
McKissock Liberty University -Basic Appraisal Procedures McKissock questions with complete solutionsValuation Process - correct answer Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - correct answer 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value 6. est. value by all three approaches 7. Reconcile est. value into fina...
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McKissock Liberty University -Basic Appraisal Procedures McKissock questions with complete solutionsValuation Process - correct answer Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - correct answer 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value 6. est. value by all three approaches 7. Reconcile est. value into fina...
McKissock Liberty University -McKissock - General Report Writing and Case Studies with answers
McKissock Liberty University -McKissock - General Report Writing and Case Studies with answers McKissock Liberty University -McKissock - General Report Writing and Case Studies with answers
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McKissock Liberty University -McKissock - General Report Writing and Case Studies with answers McKissock Liberty University -McKissock - General Report Writing and Case Studies with answers
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