Questions and Answers 100% Pass
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 property appraisal reports.
Standard Rule Reporting requirements - ✔✔Each written or oral real property appraisal
report must:
(a) clearly and accurately set forth the appraisal in a manner that will not be misleading;
(b) contain sufficient information to enable the intended users of the appraisal to
understand the report properly; and
(c) clearly and accurately disclose all assumptions, extraordinary assumptions,
hypothetical conditions, and limiting conditions used in the assignment
100% Pass Guarantee Emily Charlene All Rights Reserved © 2025 1