Appraisals Study guides, Class notes & Summaries

Farming - correct answer Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - correct answer - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units...

Appraisals Chapter 7 Property Inspection and Analysis Exam Questions and Answers

McKissock Basic Appraisal Principles I Final Exam Quiz 100% Solved The _____ has oversight authority over state appraisal boards. ASC (Appraisal Subcommittee) Which of the below is a requirement of a valid real estate contract? consideration, in writing and signed, and lawful objective "The interaction of buyers and sellers who trade long-term or intermediate-term money instruments" is the definition of the _____________ market. capital An analysis of the market conditions of supply, demand...

PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass Applicant Age 18 years or older How long do you have to wait to be eligible to retake an examination if you fail? 30 days The Commissioner will prescribe the form of the appraiser's license and it will contain: Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary Experience and Fitness ...

Texas Appraisals SAE Exam Question and answers verified to passThe ___ system keeps air fresh by recycling air and removing odors and pollutants - correct answer Venitlation What are the general influencers of real property value? - correct answer Physical, Geographic, economic, social, govermental What's 2/5 x 5/6 - correct answer 1/3 Lucille is estimating the property's loss in value for both curable and incurable items of depreciation. Which method is lucille using to measure...

Texas Appraisals SAE Exam Questions and Answers 100% Correct The ___ system keeps air fresh by recycling air and removing odors and pollutants Venitlation What are the general influencers of real property value? Physical, Geographic, economic, social, govermental What's 2/5 x 5/6 1/3 Lucille is estimating the property's loss in value for both curable and incurable items of depreciation. Which method is lucille using to measure depreciation? Observed Condition With ...

Appraisal correct answers An unbiased estimate or valuation of the property value on a given date. Appraisal Report correct answers Written statement stating the appraiser's opinion Requirements of an Appraiser correct answers Identify the highest and best use of raw land Estimate the value of the property for taxation purposes Establish rental rates Estimate the relative value of properties being exchanged Find out the necessary amount of hazard insurance coverage Estimate the ...

SC Property Management Exam Questions with Complete Solutions | 100 % Correct | 2024 Update Residential Landlord and Tenant Act - Answer ️️ -Created in 1986 Residential Landlord and Tenant Act - Purpose - Answer ️️ -Simplify, clarify, modernize, and revise the law governing rental of dwelling units and the rights, obligations of landlords and tenants. To encourage landlords and tenants to maintain and improve the quality of housing. Administration Remedy - Answer ️️ -Any right ...

Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged ...