BASIC APPRAISAL PRINCIPLES MCKISSOCK COMBINED SET QUESTIONS AND ANSWERS
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Module
BASIC APPRAISAL PRINCIPLES MCKISSOCK
Institution
BASIC APPRAISAL PRINCIPLES MCKISSOCK
BASIC APPRAISAL PRINCIPLES MCKISSOCK COMBINED SET QUESTIONS AND ANSWERS
vacant land and improved property - Answer-The principle of highest and best use applies to
FDIC, OCC, FRB - Answer-The federal financial institutions regulatory agencies directly involved in fair lending include all of ...
BASIC APPRAISAL PRINCIPLES
MCKISSOCK COMBINED SET
QUESTIONS AND ANSWERS
vacant land and improved property - Answer-The principle of highest and best use
applies to
FDIC, OCC, FRB - Answer-The federal financial institutions regulatory agencies directly
involved in fair lending include all of the following
GIS - Answer-_________ is a computerized mapping system for encoding, retrieving,
analyzing and presenting geographic or spatial data.
omit the client's identity from the report but identify the client in the workfile - Answer-A
client asks an appraiser to omit the client's identity from the appraisal report. What can
the appraiser do?
transferable development - Answer-A development right that cannot be used by the
landowner, or that the owner chooses not to use, but can be sold to landowners in
another location" are called _____________ rights
FDIC,OCC,FRB - Answer-The federal financial institutions regulatory agencies directly
involved in fair lending include all of the following
directly, proportionately - Answer-The principle of supply and demand states that the
price of a commodity, good, or service varies __________, but not necessarily
_____________, with demand.
The Appraisal Subcommittee - Answer-Which entity is responsible for monitoring state
appraiser licensing and certification agencies?
executory - Answer-A(n) __________ contract is one that is not been fully performed or
completed.
encroachment - Answer-Trespassing on the domain of another" is the definition of
subsurface - Answer-"The right to construct and maintain tunnels, subways, subcellars,
pipelines, sewers, etc." is the definition of _________ rights.
Distric - Answer-A neighborhood characterized by homogeneous land use, e.g.,
apartment, commercial, industrial, agricultural" is the definition of
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