100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Mckissock USPAP Chapter 8 Questions and Answers Already Passed £7.36
Add to cart
Quickly navigate to
Preview
  2.  
  3. Mckissock USPAP
  4.  
  5. Mckissock USPAP

Exam (elaborations)

Mckissock USPAP Chapter 8 Questions and Answers Already Passed

1 review
 0 purchase
  • Module
  • Mckissock USPAP
  • Institution
  • Mckissock USPAP

Mckissock USPAP Chapter 8 Questions and Answers Already Passed Standard 2 States... In reporting the results of a real property appraisal, an appraiser must communicate each analysis, opinion, and conclusion in a manner that is not misleading. Report Any communication, written or oral, of an appra...

[Show more]

Preview 2 out of 5  pages

Document information

  • October 3, 2023
  • 5
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • mckissock uspap chapter 8 questions and answers al

Written for

  • Mckissock USPAP
  • Mckissock USPAP

1  review

review-writer-avatar

By: ericmicheljr • 1 month ago

Seller

avatar-seller
StellarScores

Reviews received

Content preview

Mckissock USPAP Chapter 8 Questions and Answers Already Passed Standard 2 States... ✔✔In reporting the results of a real property appraisal, an appraiser must communicate each analysis, opinion, and conclusion in a manner that is not misleading. Report ✔✔Any communication, written or oral, of an appraisal or appraisa l review that is transmitted to the client upon completion of an assignment. What does standard 2 do? ✔✔STANDARD 2 sets forth minimum content requirements for written and oral real property appraisal reports. Standard Rule Reporting requirements ✔✔Each w ritten or oral real property appraisal report must: (a) clearly and accurately set forth the appraisal in a manner that will not be misleading; (b) contain sufficient information to enable the intended users of the appraisal to understand the report prop erly; and (c) clearly and accurately disclose all assumptions, extraordinary assumptions, hypothetical conditions, and limiting conditions used in the assignment Sufficient information Requirement ✔✔The appraiser is not required to include sufficient information so that anyone other than intended users can understand the report. Standard Rule 2 -2 ✔✔Each written real property appraisal report must be prepared under one of the following options and prominently state which option is used: Appraisal Report o r Restricted Appraisal Report. Two real property reporting options defined in USPAP ✔✔-Appraisal Report -Restricted Appraisal Report What is the difference between an appraisal report and a restricted appraisal report? ✔✔The level of detail Who is resp onsible for determining which reporting option to use? ✔✔The appraiser is responsible for the decision regarding which reporting option to use

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StellarScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £7.36. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67479 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£7.36
  • (1)
Add to cart
Added