Uspap real exam - Study guides, Class notes & Summaries
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Pennsylvania Certified Evaluator Exam Questions with Correct Answers Updated Latest 2024-2025 (Graded)
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Pennsylvania Certified Evaluator Exam Questions with Correct Answers Updated Latest (Graded) base year - correct answereffective date of the appaisers opinion is on 
ethic rule - correct appraiser must promote & perserve the public trust 
st standards of professional ethics 
3. conduct, managemant, confidentiality 
appraiser must act competenty and in a manner that is - correct answerindependent, impartial, 
objective 
what does uspap stand for - correct answeruniform standards of the proffess...
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USPAP Mckissock Exam Questions and Answers Latest Update 2024/2025 Graded A+.
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USPAP Mckissock Exam Questions and Answers Latest Update 2024/2025 Graded A+. Currently, the boards within The Appraisal Foundation include: - correct answer Appraisal Standards 
Board, Appraiser Qualifications Board, Board of Trustees 
Which Foundation board is responsible for USPAP? - correct answer Appraisal Standards Board (ASB) 
Which entity appoints members of the AQB and ASB? - correct answer Board of Trustees (BOT) 
Qualification criteria for appraiser certification and recertification a...
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Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers.
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Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers. 
TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL - correct answer -Formulas to calculate commission? 
PRINCIPAL - correct answer -What is the term that describes the money that is lent? 
CASH TO CLOSE - correct answer -Down payment minus earnest money? 
TOTAL SALES PRICE - correct answer -Loan payment + loan principal? 
ORIGINATION POINTS - correct answer -Loan points/fees charged 1% to ...
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Certified Pennsylvania Evaluator Exam (CPE) Latest Update Graded A+
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Certified Pennsylvania Evaluator Exam 
(CPE) Latest Update Graded A+ 
 
Assessor Any person responsible for the valuation of real property for ad valorum taxation 
purposes 
 
Duties and Responsibilities of an Assessor Discovering, Listing, Valuing 
 
Clean & Green - Act 319 Has two values, Value in Use and Value in Exchange 
 
An Assessor is accountable to whom? Himself, taxpayers and all taxing authorities 
 
In order for an assessor to accomplish the task of discovering property, the assessor...
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Real Estate Principles - Final Exam Questions
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Real Estate Principles - Final Exam 
Questions 
As part of the overall requirement for continuing education, certified and licensed 
appraisers must complete the 7-Hour National USPAP Update Course or its equivalent 
________ calendar year(s). 
every 2 
"The interaction of buyers and sellers who trade long-term or intermediate-term money 
instruments" is the definition of the _____________ market. 
capital 
All of the following would be considered to be economic influences on value EXCEPT ...
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Gold Coast School Real Estate Questions Ch.1-19 Exam Questions And Answers
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Gold Coast School Real Estate Questions Ch.1-19 Exam Questions And Answers 
1. The real estate market is local in nature. What does that mean? - ANS Information about real estate can best be found through local sources, which makes the real estate market local in nature 
 
2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: 
A. Providing expert knowledge about construction methods and materials 
B. Providing expert knowledge to members of the publi...
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Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest 2024-2025 (GRADED A+)
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Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest (GRADED A+) supply and demand - correct answerhigh demand low supply = increase 
low demand high supply = decrease 
intangible - correct answercant be seen or touched 
scope of work rule - correct problem to be solved 
mine & perform the scope of work necessary to develop credible assignment results 
3. disclose the scope of work in the report 
base year - correct answereffective date of the appaisers opinion is on...
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Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers.
- Exam (elaborations) • 24 pages • 2024
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Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers. 
TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL - correct answer -Formulas to calculate commission? 
PRINCIPAL - correct answer -What is the term that describes the money that is lent? 
CASH TO CLOSE - correct answer -Down payment minus earnest money? 
TOTAL SALES PRICE - correct answer -Loan payment + loan principal? 
ORIGINATION POINTS - correct answer -Loan points/fees charged 1% to ...
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7-Hr National USPAP Course Exam Questions and Answers 100% Pass
- Exam (elaborations) • 15 pages • 2024
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7-Hr National USPAP Course Exam 
Questions and Answers 100% Pass 
B The ASB considers suggestions for changes to USPAP from: - Answer- Appraisers, 
users of appraisal services, regulators, and others 
You have a suggestion for a change to USPAP, and you want to tell the ASB about it. 
When making your suggestion, it is helpful to the ASB if you: - Answer- Explain how the 
proposed change will enhance public trust in appraisal practice 
The ASB has received numerous public comment letters in resp...
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Exam Prep (McKissock) Questions with correct Answers
- Exam (elaborations) • 62 pages • 2024
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Exam Prep (McKissock) Questions with correct Answers 
What does not include physical mobility, but rather the control and possession of all the rights of ownership? 
Purchasing Power 
 
 
 
If an appraiser is valuing real property by sales comparison, whose actions is he or she LEAST likely to consider? 
Government Agencies 
 
 
 
Which value characteristic implies the presence of a need or demand, which considers the monetary power to fill that need? 
Desire 
 
 
 
The rights and benefits inher...
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