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Appraisals Chapter 7: Property Inspection and Analysis Questions With Complete Solutions $9.49   Add to cart

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Appraisals Chapter 7: Property Inspection and Analysis Questions With Complete Solutions

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Appraisals Chapter 7: Property Inspection and Analysis Questions With Complete Solutions "Effective age" refers to: A. Original age B. Average age C. Relative age considering the physical condition and marketability of a structure D. All of the above - Answer-C. Relative age considering the...

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  • September 5, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Appraisals Chapter 7 Property Inspection
  • Appraisals Chapter 7 Property Inspection
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"Effective age" refers to:
A. Original age
B. Average age
C. Relative age considering the physical condition and marketability of a structure
D. All of the above - Answer-C. Relative age considering the physical condition and
marketability of the structure

/.3 Value Approaches - Answer--Cost Approach
-Sales Comparison Approach
-Income Approach

/.Above Grade - Answer-All of a floor level must be above the outside grade.

/.Attics - Answer-Variable. If larger or finished, fuller inspection. Note degree of finish

/.Average Building Quality - Answer-Medium quality standard. Acceptable to FHA and
VA with no extras

/.Below Grade - Answer-If one side of a floor level is below grade, the whole level is
considered to be below grade.

/.Building Specifications include - Answer-Foundations
Frames of walls
Trim and sash
Roofing
Exterior
Interior
Insulation
Floors
Heat/AC
Kitchens
Bath and Plumbing
Electrical

/.California Ranch Style - Answer-Precedes contemporary historically. Low, rambling
profile, gable roof, wide roof overhang, lots of heavy wood trim. Stone, brick, and adobe
trim.

/.Choice of Materials based on - Answer-Climate

, Availability
Cost
Style
Durability
Usage
Code Requirements

/.Class A Building - Answer-Reinforced concrete frames and reinforced concrete or
masonry floors and roofs. Major institutional buildings as well as high rise office and
hotel buildings. Strongest and most expensive.

/.Class B Building - Answer-Reinforced concrete frames and reinforced concrete or
masonry walls, floors, and roofs. 3-5 story office building or heavy industrial plant.

/.Class C Building - Answer-Masonry exterior walls and wood or exposed steel floor and
roof structures. 1 and 2 story commercial and industrial buildings. Some residential.

/.Class D Building - Answer-Wood or light steel frames and roof structures. Most
residential buildings in the west and south. Concrete or concrete clock foundation,
concrete slab or raised wood floors, wood-framed walls and roof structure. Some steel
framing added sometimes.

/.Classification of basic construction refers to:
A. Type of use
B. Type of basic frame, wall, floor, and roof construction
C. Quality of construction
D. All of the above - Answer-B. Type of basic frame, wall, floor, and roof constrction

/.Closets - Answer-Not counted as rooms, no matter how large

/.Colonial Style - Answer-Square or Rectangular, stately, symmetrical buildings with
steep gable roofs, shutters, and dormer windows.

/.Common scales - Answer-one-tenth and one-twentieth of a foot

/.Contemporary Style - Answer-Sometimes called modern. Low, flat rood, low profile,
floor plan oriented to outdoors. Extensive glass.

/.Cost Approach - Answer-Most descriptive detail. Rely on use of published cost
manuals.

/.Dwellings should conform to: - Answer--Safe, secure, healthful, attractive
-Ease of circulation and housekeeping
-Visual and auditory privacy
-Appropriate light and ventilation
-Fire and accident protection

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