Mass appraisal - Study guides, Class notes & Summaries

Pennsylvania Certified Evaluator Exam Questions with Correct Answers Updated Latest (Graded) base year - correct answereffective date of the appaisers opinion is on ethic rule - correct appraiser must promote & perserve the public trust st standards of professional ethics 3. conduct, managemant, confidentiality appraiser must act competenty and in a manner that is - correct answerindependent, impartial, objective what does uspap stand for - correct answeruniform standards of the proffess...

Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest (GRADED A+) supply and demand - correct answerhigh demand low supply = increase low demand high supply = decrease intangible - correct answercant be seen or touched scope of work rule - correct problem to be solved mine & perform the scope of work necessary to develop credible assignment results 3. disclose the scope of work in the report base year - correct answereffective date of the appaisers opinion is on...

Market Value - ️️The price at which a property would transfer for cash or its equivalent under prevailing market conditions if: -exposed for sale in the open market with a reasonable time for the seller to find a purchaser -both the seller and purchaser know of all the uses and purposes to which the property is adapted and for which it is capable of being used and of the enforceable restrictions on its use -both seller and purchaser seek to maximize their gains and neither is in a pos...

Which statute governs the ad valorem taxation of property? A. Machinery Act B. General Statute C. The Ad Valorem Act D. Real Estate Taxation Act - A. Machinery Act This act provides a framework for listing, appraising, and assessing real and personal property Which type of valuation technique applies a standard percentage increase or decrease to all property in a specified location? A. Valuation B. County appraisal C. Mass appraisal D. There is no such appraisal - C. Mass Appraisal T...

What is the main difference between single property appraisal and mass appraisal? -Correct Answer 1. Group vs Particular 2. Mass Appraisal emphasizes standardized and statistical quality control features In the Appraisal Process, "Define the valuation problem" does not include which of the following: a. Define the Value to be developed b. Identify limiting conditions or limitations c. Date of the value d. Competitive properties e. Identify intended use and users of appraisal f. Develo...

NC (North Carolina State) Real Estate Exam/ 40+ Qs with Answers & Rationales/ . Which type of valuation technique applies a standard percentage increase or decrease to all property in a specified location? A. Valuation B. County appraisal C. Mass appraisal D. There is no such appraisal - Answer: C. Mass Appraisal This is a valuation technique that is sometimes used for tax assessment purposes. It is also referred to as a horizontal adjustment. Which statute governs the ad valor...

RSC2601 – Research in Social Sciences 1 RSC2601 - Research in the Social Sciences EXAM PREPARATION This document is a compilation of past UNISA exam Questions and Answers, Assignment Questions and Answers, as well as Test Yourself Questions and Answers from Studyguide. Answers are motivated by a combination of: • Page references to the UNISA Study Guide: • Short summaries regarding the relevant topic(s) in question. Past exams covered are: • May/Jun 2011 • Oct/Nov...

Mock Exam on Appraisal Practice! 100% CORRECT ANSWERS 1. What grass should be planted in the Philippines to control landslides, land degradation, and soil mass movement? a. Fog grass c. Cogon Grass b. b. Bamboo Tree d. Blue Grass 2. The sitio where the fictitious La Presa Community of the Teleserye, <Forevermore= was placed under Environmental Protection of the Courts. a. Musuan d. Tomas b. Pungayan e. Giburot c. Dologon 3. What is necessary to be done after an oral report has been ...

Abrasion (Abr) - Answer-A series of minute nicks along the facet junctions of a fashioned diamond; gives the edges a white or fuzzy appearance. (Assignment 10) Adamantine luster - Answer-The highest degree of luster possible in a transparent material. (Assignment 8) Aggregate - Answer-A solid mass of individual, randomly oriented crystals, intergrown or held together by a natural binding agent. (Assignment 7) Alluvial deposit - Answer-A deposit where gems are eroded from their source ro...

Basic Appraisal Procedures 100% Correct Verified by Experts When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? 96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of mass appraisal What is the most common type of framing currently being used in n...