Ree 4103 - Study guides, Class notes & Summaries

What is appraisal? - The act or process of developing an opinion of value of an asset What is USPAP? - Uniform Standards of Professional Appraisal Practice What is real estate? - An identified parcel or tract of land, including imporvements, if any. The physical land and appurtenances affixed to the land What is real property? - The interests, benefits, and rights inherent in the ownership of real estate (land, buildings, fixtures) What is the total range of private owneership intere...

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REE 4103 FINAL EXAM, real estate valuation Question with complete solutions

REE 4103 EXAM 1 Questions with complete solutions.

REE 4103 Exam 1 Questions with Complete Solution1.

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REE 4103 Exam 2 UCF Botts Questions with Complete Solutions

REE 4103 EXAM 2 QUIZ QUESTIONS, REE Exam 2, REE 4103 Test 2 Questions with 100% correct answers | verified | latest update 2024

An appraiser may be liable for all of the following except: - Negligence - Misrepresentation - Fraud - Low value - Low value For appraisal purposes, market value may be defined as: - The highest offer - The amount of the loan commitment - The most probable selling price - The asking price - - The most probable selling price Appraisal is - The act or process of telling the client the market value of the real estate - The act of process of developing an opinion of value - The repo...