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USPAP Exam Questions and Answers

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7 Hour USPAP Exam Questions with 100% verified solutions 2024 What is true about an appraiser's description of the physical characteristics of a property? a) The physical chracteristics are treated as outside the appraisal practice b) The physical characteristics are not assignment results. c) The pyhsical characteristics must be verified with public records if the data is available through the normal course of business. d) The physical characteristics are confidential information. b) The ph...

The appraiser could accept the assignment (as a new assignment) - as long as proper disclosure is made regarding the prior assignment & any confidential in formation is handled appropriately. in a deed being used in a purchase transaction, who is the grantee? - The party receiving title - "purchaser" is known as the grantee. Any services provided by an appraiser, other than an appraisal or appraisal review, would be appraisal practice w/ no applicable standards. this includes recommendati...

USPAP Exam EXAM LATEST 2023- 2024 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Financial chaos began in the US during the - CORRECT ANSWER 1929 stock market crash after the great depression In the 1950s-70s double continued with - CORRECT ANSWER -Works related areas -Property taxation -Federal housing programs 1990s trouble was because of... - CORRECT ANSWER Mortgage scams and illegal house flipping. 1980s trouble was because of... - CORRECT AN...

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