2 real estate appraisal - Study guides, Class notes & Summaries
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National USPAP Course Exam with 100% Correct Answers 2023
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National USPAP Course Exam 
The Appraisal Foundation has the authority to enforce the requirements of USPAP. - 
Correct answer-False 
Currently, the boards within the Appraisal Foundation include: - Correct answerAppraisal Standards Board, Appraisal Qualifications Board, Board of Trustees 
Which Foundation board is responsible for USPAP? - Correct answer-Appraisal 
Standards Board 
Qualification criteria for appraiser certification and recertification are disseminated to 
state appraisal boards ...
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Florida Real Estate Class Final Exam Verified Question With 100% Correct Answers 2023/2024
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Florida Real Estate Class Final Exam Verified Question With 100% Correct Answers 2023/2024 
 
A Business Broker Correct Answer Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate 
 
Follow-Up is Correct Answer Keeping in contact with the new owner after the closing of the sale 
 
A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is ...
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Middleton Real Estate Final Exam Questions and Answers(RATED A)
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Middleton Real Estate Final Exam Questions all of the following statements would be true of TRID except? - ANSWER TRID requires a closing disclosure to be provided to the buyer 2 days before the settlement date. 
 
which of the following is not required when recording the deed with the county clerks office? - ANSWER two witnesses 
 
which of the following was added to the federal fair housing act in 1988 when it was amended? - ANSWER familial status and handicapped 
 
calculate the transfer tax ...
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Champions Principles of Real Estate 2 Exam Questions with Correct Answers
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Champions Principles of Real Estate 2 Exam Questions with Correct Answers 
appraisal - ANSWER value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) - ANSWER The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report - ANSWER exterior only/drive by inspection. deemed as low risk loan 
 
highest and best use of property - ANSWER legal use that gives the gre...
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Middleton Real Estate Final Exam Questions & Answers(RATED A+)
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all of the following statements would be true of TRID except? - ANSWER TRID requires a closing disclosure to be provided to the buyer 2 days before the settlement date. 
 
which of the following is not required when recording the deed with the county clerks office? - ANSWER two witnesses 
 
which of the following was added to the federal fair housing act in 1988 when it was amended? - ANSWER familial status and handicapped 
 
calculate the transfer tax that would be owed in Michigan on the sale ...
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Texas Principles of Real Estate 2 - Champions Exam Questions with correct Answers
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appraisal - ANSWER-defined as an appraiser's opinion of value. 
 
Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. 
 
Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. 
 
Principle of Regression - ANSWER-The presence of lower-priced properties in the area will cause a decline in the value of the subject property. 
 
Principle...
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TEXAS REAL ESTATE NATIONAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS/A+ GRADE
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TEXAS REAL ESTATE NATIONAL EXAM QUESTIONS WITH 
VERIFIED SOLUTIONS/A+ GRADE 
1. An assessment is a special type of appraisal used for 
A.) Property tax purposes. 
B.) Estate tax returns. 
C.) Divorce settlements. 
D.) Income tax returns. 
2 A company who provided materials for an owner to remodel their property may give 
constructive notice of theirunpaid invoices by: 
A.) obtain a blanket lien 
B.) obtain a mechanic's or material man's lien 
C.) obtain a vendor's lien 
D.) obtain an inchoa...
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Florida Real Estate U Final Exam Questions & Answers(RATED A)
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An appraisal can be completed by which of the following? 
 
A home inspector 
A real estate broker 
A licensed appraiser using USPAP standards 
A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards 
 
What is a BPO? 
 
Broker Price Opinion 
Best Practice Organization 
Best Prospective Offer 
Beyond Present Opportunities - ANSWERBroker Price Opinion 
 
Which of the following is incorrect? 
 
Farming methods include Direct Mail and Just Listed Post Cards. 
Farming only invo...
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Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023
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Certified Pennsylvania Evaluator Exam 
(CPE) Questions And Answers 2023 
Assessor - Correct Answer-Any person responsible for the valuation of real property for 
ad valorum taxation purposes 
Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, 
Valuing 
Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in 
Exchange 
An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all 
taxing authorities 
In order for an asses...
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Gold Coast School Real Estate Questions (Chapter1-19) 100% Accurate
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Gold Coast School Real Estate Questions (Chapter1-19) 100% Accurate 
 
1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 
 
2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: 
A. Providing expert knowledge about construction methods and materials 
B. Providing expert knowledge to members of the public in t...
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