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BASIC APPRAISAL PROCEDURES MCKISSOCK EXAM WITH COMPLETE QUESTIONS AND CORRECT ANSWERS 2 Exam (elaborations) MCKISSOCK COMBINED QUIZZES EXAM REPORTED QUESTIONS AND ANSWERS 3 Exam (elaborations) MCKISSOCK CHAPTER 10 40 HOUR TRAINING 2024 QUESTIONS AND ANSWERS 4 Exam (elaborations) MCKISSOCK CHAPTE...

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MCKISSOCK USPAP CHAPTER 8 EXAM QUESTIONS WITH CORRECT ANSWERS

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MCKISSOCK USPAP CHAPTER 8 EXAM QUESTIONS WITH CORRECT ANSWERS When can a restricted report be used? - Answer-A Restricted Appraisal Report is for client use only, and may only be used when the client is the only intended user of the assignment results. In an Appraisal Report, the appraiser mu...

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MCKISSOCK USPAP CHAPTER 7 TRAINING COURSES QUESTIONS AND ANSWERS

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MCKISSOCK USPAP CHAPTER 7 TRAINING COURSES QUESTIONS AND ANSWERS Standard Rule 1-4 (c) - Answer-(i) analyze such comparable rental data as are available and/or the potential earnings capacity of the property to estimate the gross income potential of the property; (ii) analyze such comparable op...

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MCKISSOCK USPAP CHAPTER 1 REAL ESTATE EXAM QUESTIONS AND ANSWERS

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MCKISSOCK USPAP CHAPTER 1 REAL ESTATE EXAM QUESTIONS AND ANSWERS Responsibilities of the Appraisal Subcommittee (ASC) - Answer--Has authority to monitor the Appraisal Foundation - Oversee the activities of state licensure and certification agencies Who establishes the minimum qualifications cr...

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BASIC APPRAISAL PROCEDURES MCKISSOCK EXAM WITH COMPLETE QUESTIONS AND CORRECT ANSWERS

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BASIC APPRAISAL PROCEDURES MCKISSOCK EXAM WITH COMPLETE QUESTIONS AND CORRECT ANSWERS ground rent capitalization method - Answer-estimating land value applied by capitalizing ground rent at a market-derived rate Uniform appraisal dataset - Answer-standardized reporting requirements used in resi...

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MCKISSOCK USPAP DEFINATIONS CHAPTER 2 EXAM REVIEW QUESTIONS AND ANSWERS

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MCKISSOCK USPAP DEFINATIONS CHAPTER 2 EXAM REVIEW QUESTIONS AND ANSWERS Workfile - Answer-Documentation necessary to support an appraiser's analysis, opinions, and conclusions. Valuation Services - Answer-Services pertaining to aspects of property value Appraisal Practice - Answer-Valuatio...

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MCKISSOCK COMBINED QUIZZES EXAM REPORTED QUESTIONS AND ANSWERS

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MCKISSOCK COMBINED QUIZZES EXAM REPORTED QUESTIONS AND ANSWERS State appraisal regulatory agencies - Answer-Who is responsible for issuing credentials to individual appraisers? State appraiser licensing/certification agencies - Answer-Under FIRREA, USPAP is enforced by: Appraisal Subcommitt...

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MCKISSOCK BASIC APPRAISAL PRINCIPLES CERTIFICATION EXAM QUESTIONS AND ANSWERS

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MCKISSOCK BASIC APPRAISAL PRINCIPLES CERTIFICATION EXAM QUESTIONS AND ANSWERS market neighborhood - Answer-group of complementary land uses, congrugous grouping of inhabitants district - Answer-neighborhood characterized by homo land use market area - Answer-geographic region from which a ma...

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MCKISSOCK CHAPTER 10 40 HOUR TRAINING 2024 QUESTIONS AND ANSWERS

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MCKISSOCK CHAPTER 10 40 HOUR TRAINING 2024 QUESTIONS AND ANSWERS monetary policy implementation - Answer-Influencing short-term interest rates to affect the availability and cost of credit in the economy and, ultimately the economic decisions businesses and households make. ALSO know as D-O-R-M. ...

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MCKISSOCK CHAPTER 3 EXAM REPORTED QUESTIONS WITH CORRECT DETAILED ANSWERS

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MCKISSOCK CHAPTER 3 EXAM REPORTED QUESTIONS WITH CORRECT DETAILED ANSWERS Fee simple conditional (defeasible) - Answer-A conditional ownership that will terminate when certain conditions are not made. An Example: A farmer renting property to grow crops but instead they use the property to operate ...

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MCKISSOCK CHAPTER 11 EXAM REVIEW QUESTIONS AND ANSWERS ALL CORRECT

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MCKISSOCK CHAPTER 11 EXAM REVIEW QUESTIONS AND ANSWERS ALL CORRECT How can expansion effect a neighborhood? - Answer-Leads to job creation and increased tax revenue to where consumers are willing to spend more money and take on more debt. How can contraction effect a neighborhood? - Answer-job ...

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MCKISSOCK TERM CHAPTER 1 40 HOUR TRAINING EXAM QUESTIONS AND ANSWERS

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MCKISSOCK TERM CHAPTER 1 40 HOUR TRAINING EXAM QUESTIONS AND ANSWERS Paramount within USPAP is an appraiser's obligation to promote and preserve what? - Answer-a. adequate compensation for appraisers. b. public trust in appraisal practice. c. appraisal as an honorable profession. d. his righ...

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MCKISSOCK CHAPTER 5 COMBINED SET QUESTIONS WITH ALL CORRECT ANSWERS

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MCKISSOCK CHAPTER 5 COMBINED SET QUESTIONS WITH ALL CORRECT ANSWERS Who benefits from an easement. - Answer-the Dominant Tenant Easement in Gross - Answer-An entity's personal right to use property. The receiver DOES NOT own the adjoining property. Example: How can Easements be terminated...

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