Appraisal bias - Study guides, Class notes & Summaries

Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 | Graded. grant deed - ANSWER deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - ANSWER One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - ANSWER any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authoriz...

Different appraisal regulations among states. - CORRECT ANSWER-Which is not one of the contributing factors that led to a need for regulation in the appraisal profession? Appraisal Subcommittee (ASC) - CORRECT ANSWER-Responsible for the Federal oversight of state real estate licensing and certification TRUE - CORRECT ANSWER-(T/F) The AppraisalSubcommittee monitors the activities of TAF to determine if policies and procedures are consistent with title XI of FIRREA Appraisal Subcommittee ...

mckissock basic appraisal principles Exam Marking Scheme 100% Correct grant deed - Answer- deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - Answer- One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - Answer- any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authorized by the client upon c...

MGT 420 Exam 3 Questions and Answers Graded A+ Define performance management The process through which managers ensure that employees' activities and outputs contribute to the organization's goals. Know the steps of the performance management process 1. define performance outcomes for company division and department 2. develop employee goals, behavior, and actions to achieve outcomes 3. provide support and ongoing performance discussions ate performance 5. identify impro...

USPAP Mckissock Exam Questions and Answers Latest Update 2024/2025 Graded A+. Currently, the boards within The Appraisal Foundation include: - correct answer Appraisal Standards Board, Appraiser Qualifications Board, Board of Trustees Which Foundation board is responsible for USPAP? - correct answer Appraisal Standards Board (ASB) Which entity appoints members of the AQB and ASB? - correct answer Board of Trustees (BOT) Qualification criteria for appraiser certification and recertification a...

Different appraisal regulations among states. - CORRECR ANSWERS-Which is not one of the contributing factors that led to a need for regulation in the appraisal profession? Appraisal Subcommittee (ASC) - CORRECR ANSWERS-Responsible for the Federal oversight of state real estate licensing and certification TRUE - CORRECR ANSWERS-(T/F) The AppraisalSubcommittee monitors the activities of TAF to determine if policies and procedures are consistent with title XI of FIRREA Appraisal Subcommi...

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 by the: - CORRECT ANSWER-...

Which Foundation board is responsible for USPAP? - CORRECT ANSWER Appraisal Standards Board (ASB) Appraisal Subcommittee (ASC) Consumer Financial Protection Bureau (CFPB) Appraiser Qualifications Board (AQB) The Appraisal Foundation has the authority to enforce the requirements of USPAP. T or F - CORRECT ANSWER false The Appraisal Foundation is a private entity. The Foundation and its boards have no enforcement authority in any jurisdiction. Currently, the boards withi...

The hereditary approach states what? An individual's personality is determined by molecular structure of genes. hereditary determined at time of conception Myers-Briggs Type Indicator Most widely used personality test that includes Extroverted (E) versus Introverted (I), Sensing (S) versus Intuitive (N), Thinking (T) versus Feeling (F), Judging (J) versus Perceiving (P What is the major problem with the Myers-Briggs personality test? It forces a person to be categorized...

360 Degree Feedback - a performance appraisal process in which feedback is obtained from the boss, subordinates, peers and coworkers, and the employees themselves Accommodation - the process by which the eye's lens changes shape to focus near or far objects on the retina Active Listening - reflecting, probing, deflecting, advising Affirmative Action - A policy designed to give special attention to or compensatory treatment for members of some previously disadvantaged group. Age Discrimin...