Mckissock uspap chapter 4 Study guides, Class notes & Summaries

15 HR National USPAP 2020-2021, USPAP 15-Hour Course, Mckissock USPAP Chapter 1-9 15 HR National USPAP 2020-2021, USPAP 15-Hour Course, 15-Hour USPAP Course, Mckissock USPAP Chapter 1, Mckissock USPAP Chapter 2 (Definitions), McKissock USPAP Chapter 4, Mckissock USPAP Chapter 7, Mckissock USPAP Chapter 8, Mckissock USPAP Chapter 9... What is USPAP? - CORRECT ANSWER Uniform Standards of Professional Appraisal Practice Why was USPAP developed? - CORRECT ANSWER To promote and maintain a hi...

Mckissock USPAP Chapter 8 Questions and Answers Already Passed Standard 2 States... In reporting the results of a real property appraisal, an appraiser must communicate each analysis, opinion, and conclusion in a manner that is not misleading. Report Any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client upon completion of an assignment. What does standard 2 do? STANDARD 2 sets forth minimum content requirements for written and oral real prope...

McKissock USPAP Chapter 4 What does the ethics rule establish? - Answer- Establishes fundamental obligations of an appraiser as part of the profession Ethics Rule - Answer- An appraiser must promote and preserve the public trust inherent in professional appraisal practice by observing the highest standards of professional ethics. Requirements of the ethics rule - Answer- An Appraiser Must: -Not misrepresent his or her role when providing valuation services that are outside of apprais...

What is USPAP? - ANSWER Uniform Standards of Professional Appraisal Practice Why was USPAP developed? - ANSWER To promote and maintain a high level of public trust as well as confidence in professional appraisal practice What are the benefits of USPAP? - ANSWER 1) Provides a common basis for comparison (eg are we doing the appropriate work for the type of assignment?) 2) Provides a reference source for all users of the document. 3) Provides a basis for uniform enforcement for state regu...