Examen
Basic Appraisal Procedures Questions and Answers 100% pass | graded A+
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Assumption - That which is taken to be true Effective Date - The context for the appraiser's opinions and conclusions. Effective dates can be current, retrospective, or prospective Exposure Time - Estimated length of time a property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale at market value on the effective date of the appraisal. Extraordinary Assumption - An assumption, directly related to a specific assignment, as of the effective date of the assignment results, which, if found to be false, could alter the appraiser's opinions or conclusions
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basic appraisal procedures questions and answers
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