Uspap practice test b Study guides, Class notes & Summaries
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Bob Hogue - Pre Lic. Test Questions With Correct Answers100%Solved
- Exam (elaborations) • 91 pages • 2024
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Bob Hogue - Pre Lic. Test Questions With Correct Answers100%Solved 
 
Which statement concerning broker's price opinions (BPOs) is TRUE? 
A) The payment for a BPO must be paid to the broker and not directly to the sales associate who prepared the BPO. 
B) A broker's license is required to conduct a BPO. 
C) A BPO is also referred to as an appraisal of real property. 
D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USPAP). - correct answer...A 
 
Which document...
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USPAP PRACTICE TEST 2023 with verified questions and answers
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STANDARD 2 contains standards for: 
a. Real property appraisal review assignments 
b. Development and reporting of real property appraisals 
c. Reporting the results of real property appraisals * 
d. Development of real property appraisals 
Reporting the results of real property appraisals 
 
 
 
The DEFINITIONS in USPAP: 
a. Are superseded by definitions in standard English dictionaries 
b. Are all taken from legal dictionaries 
c. Were established by FIRREA 
d. Apply only in the context of USP...
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Bob Hogue - Pre Lic. Test Questions Practice questions for this set Learn	1 / 7	Study with Learn B Choose matching term Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment comple
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Bob Hogue - Pre Lic. Test Questions 
Practice questions for this set 
 
 
 
Learn	1 / 7	Study with Learn 
 
 
 
 
B 
 
 
 
 
Choose matching term 
 
 
Which property is defined as residential real estate under Chapter 475, Florida statutes? 
A) Fifty-unit apartment complex 
1	B) Neighborhood grocery store 
C)	Eight acres of agricultural property 
D)	Local elementary school 
 
 
 
Which type of title insurance policy is transferable? A) 
Vendor B) 
2	Owner C) 
Mortgagee D) 
Mortgagor 
 
 
 
 
Bob...
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PERRY REAL ESTATE COLLEGE - NATIONAL PRACTICE TESTS 6-10
- Exam (elaborations) • 77 pages • 2024
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NATIONAL TEST 6: Economics; Appraisal - ANS- 
 
6.1 If the price of an item is increasing, one can usually assume that 
 
a. demand for the item is decreasing in relation to supply of the item. 
b. demand for the item is increasing in relation to supply of the item. 
c. supply of the item is increasing. 
d. demand for the item and supply of the item are increasing. - ANS- 6.1 (b) demand for the item is increasing in relation to supply of the item. 
 
In a market economy, the p...
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Bob Hogue - Pre Lic. Test Questions Practice questions for this set Learn	1 / 7	Study with Learn B Choose matching term Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment comple
- Exam (elaborations) • 19 pages • 2024
- Available in package deal
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- $7.99
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Bob Hogue - Pre Lic. Test Questions 
Practice questions for this set 
 
 
 
Learn	1 / 7	Study with Learn 
 
 
 
 
B 
 
 
 
 
Choose matching term 
 
 
Which property is defined as residential real estate under Chapter 475, Florida statutes? 
A) Fifty-unit apartment complex 
1	B) Neighborhood grocery store 
C)	Eight acres of agricultural property 
D)	Local elementary school 
 
 
 
Which type of title insurance policy is transferable? A) 
Vendor B) 
2	Owner C) 
Mortgagee D) 
Mortgagor 
 
 
 
 
Bob...
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Bob Hogue - Pre Lic. Test Questions With Correct Answers
- Exam (elaborations) • 0 pages • 2024
- Available in package deal
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- $12.49
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©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
Bob Hogue - Pre Lic. Test Questions With 
Correct Answers 
Which statement concerning broker's price opinions (BPOs) is TRUE? 
A) The payment for a BPO must be paid to the broker and not directly to the sales associate who 
prepared the BPO. 
B) A broker's license is required to conduct a BPO. 
C) A BPO is also referred to as an appraisal of real property. 
D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USP...
-
USPAP PRACTICE TEST questions with complete solution latest 2022
- Exam (elaborations) • 16 pages • 2022
- Available in package deal
-
- $11.49
- + learn more
USPAP PRACTICE TEST questions with complete solution latest 2022Reporting the results of real property appraisals 
STANDARD 2 contains standards for: 
a. Real property appraisal review assignments 
b. Development and reporting of real property appraisals 
c. Reporting the results of real property appraisals * 
d. Development of real property appraisals 
 
 
 
Apply only in the context of USPAP 
The DEFINITIONS in USPAP: 
a. Are superseded by definitions in standard English dictionaries 
b. Are a...
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