100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MCKISSOCK USPAP DEFINATIONS CHAPTER 2 EXAM REVIEW QUESTIONS AND ANSWERS $13.29   Add to cart

Exam (elaborations)

MCKISSOCK USPAP DEFINATIONS CHAPTER 2 EXAM REVIEW QUESTIONS AND ANSWERS

 7 views  0 purchase
  • Course
  • MCKISSOCK USPAP DEFINATIONS
  • Institution
  • MCKISSOCK USPAP DEFINATIONS

MCKISSOCK USPAP DEFINATIONS CHAPTER 2 EXAM REVIEW QUESTIONS AND ANSWERS Workfile - Answer-Documentation necessary to support an appraiser's analysis, opinions, and conclusions. Valuation Services - Answer-Services pertaining to aspects of property value Appraisal Practice - Answer-Valuation ...

[Show more]

Preview 1 out of 3  pages

  • November 9, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MCKISSOCK USPAP DEFINATIONS
  • MCKISSOCK USPAP DEFINATIONS
avatar-seller
Perfectscorer
MCKISSOCK USPAP DEFINATIONS
CHAPTER 2 EXAM REVIEW
QUESTIONS AND ANSWERS

Workfile - Answer-Documentation necessary to support an appraiser's analysis,
opinions, and conclusions.

Valuation Services - Answer-Services pertaining to aspects of property value

Appraisal Practice - Answer-Valuation services performed by an individual acting as an
appraiser, including but not limited to appraisal and appraisal review.

Appraisal Practice is a subset of... - Answer-Valuation Services

Appraisal - Answer-The act or process of developing an opinion of value, an opinion of
value

Appraisal Review - Answer-The act or process of developing and communication an
opinion about the quality of another appraiser's work that was performed as part of an
appraisal or appraisal review assignment.

Scope of work - Answer-The type and extent of research and analyses in an appraisal
or appraisal review assignment

Requirements for an appraisal or appraisal review - Answer-- Identify the problem to be
solved
- Determine and perform the scope of work necessary to develop credible assignment
results, for the intended use
- Disclose the scope of work performed in the report
Market Value - Answer-USPAP does not define a specific definitions, but rather the
components of the term market value

There are a number of definitions of market value, each is unique. USPAP does not
endorse any specific definition.

Advocacy - Answer-Representing the cause or interest of another, even if that cause or
interest does not necessarily coincide with one's own beliefs, opinions, conclusions, or
recommendations

Impartiality - Answer-Conveys a mental state that does not favor one side over another
at the outset of an investigation

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Perfectscorer. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.29. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.29
  • (0)
  Add to cart