Exam (elaborations)
Basic Appraisal Principles, Basic Appraisal Concepts 2023
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An appraisal is defined as (Dictionary of Real Estate Appraisal, 6th ed, 2015) The act or process of developing an opinion of value; an opinion of value. An appraisal must be numerically expressed as a specific amount, as a range of numbers, or as a relationship (e.g., not more than, more than, no...
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