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Roger was working on a mass appraisal assignment for a client. This means Roger was doing all of the following except: Identifying properties to be
- Roger was working on a mass appraisal assignment for a client. This means Roger was doing all of the following except:
- Identifying properties to be appraised
- Identifying characteristics (supply and demand) that affects the creation of value
- Calibrate the model structure to determine the contribution of each characteristic
- Applying a model from another market
- Susan is doing a personal property appraisal. Which of the following Standards should she follow to develop her appraisal?
- Standard 5
- Standard 6
- Standard 7
- Standard 8
- By reviewing the 10 Standards, how many types of appraisal are defined through development and reporting?
- 1
- 3
- 5
- 10
- If an appraisal is marked as exterior-only inspection, then the appraiser will use ________ as the means of comparing the inside of the property to the comparable properties.
- Extraordinary Assumption
- Hypothetical Condition
- Judicial Exception
- None of the above
- Is an Appraisal Update the same as a Recertification of Value?
- Yes
- No
Why? ______________________________________________________________________
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