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WISCONSIN ASSESSMENT TECHNICIAN
CERTIFICATION EXAMINATION ACTUAL VERIFIED
EXAM COMPLETE QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR||NEWEST
EXAM!!!
When private property is abandoned, the state MAY
acquire title to that property under the right of:
A. escheat
B. eminent domain
C. police power
D. taxation - Answer-A.
To be certain that a property has no encroachments, an
appraiser should check a:
A. survey
B. deed
C. field book
D. tax map book - Answer-A.
The owners of a house sign a listing agreement and later
tell the licensee that the garage roof leaks. If they tell the
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licensee not to reveal the roof's condition to any
prospective buyers, the licensee MUST:
A. abide by the owners' requests
B. advise the sellers that they must disclose the condition
of the roof to prospective buyers
C. Advise only those prospective buyers who ask about
the roof's condition
D. refer all prospective buyers who have questions about
the roof's condition to the sellers - Answer-B.
A seller has delinquent property taxes of $572. At closing,
the taxes will be a:
A. debit to the seller of 572
B. debit to the buyer of 572
C. credit to the seller of 572
D. credit to the buyer of 572 - Answer-A.
A broker lists a seller's property. An unrepresented buyer
submits an offer to purchase the seller's house and tells
the broker that they will pay more than the offer price if the
seller requests it. In this situation, the broker is:
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A. not obligated to convey the information to the seller
because to do so would violate the broker's relationship
with the buyer
B. not obligated to convey the information to the seller
because the buyer is not bound by this verbal
representation
C. obligated to withdraw from the transaction because of
conflicting obligations to both parties
D. obligated to convey the information to the seller -
Answer-D.
The price at which a willing and informed buyer would buy
and a willing and informed seller would sell is called the:
A. assessed value
B. book value
C. income approach to value
D. market value - Answer-D.
A broker is TYPICALLY considered to be which of the
following types of agents?A.
A special agent
WISCONSIN ASSESSMENT TECHNICIAN
CERTIFICATION EXAMINATION ACTUAL VERIFIED
EXAM COMPLETE QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR||NEWEST
EXAM!!!
When private property is abandoned, the state MAY
acquire title to that property under the right of:
A. escheat
B. eminent domain
C. police power
D. taxation - Answer-A.
To be certain that a property has no encroachments, an
appraiser should check a:
A. survey
B. deed
C. field book
D. tax map book - Answer-A.
The owners of a house sign a listing agreement and later
tell the licensee that the garage roof leaks. If they tell the
,2|Page
licensee not to reveal the roof's condition to any
prospective buyers, the licensee MUST:
A. abide by the owners' requests
B. advise the sellers that they must disclose the condition
of the roof to prospective buyers
C. Advise only those prospective buyers who ask about
the roof's condition
D. refer all prospective buyers who have questions about
the roof's condition to the sellers - Answer-B.
A seller has delinquent property taxes of $572. At closing,
the taxes will be a:
A. debit to the seller of 572
B. debit to the buyer of 572
C. credit to the seller of 572
D. credit to the buyer of 572 - Answer-A.
A broker lists a seller's property. An unrepresented buyer
submits an offer to purchase the seller's house and tells
the broker that they will pay more than the offer price if the
seller requests it. In this situation, the broker is:
, 3|Page
A. not obligated to convey the information to the seller
because to do so would violate the broker's relationship
with the buyer
B. not obligated to convey the information to the seller
because the buyer is not bound by this verbal
representation
C. obligated to withdraw from the transaction because of
conflicting obligations to both parties
D. obligated to convey the information to the seller -
Answer-D.
The price at which a willing and informed buyer would buy
and a willing and informed seller would sell is called the:
A. assessed value
B. book value
C. income approach to value
D. market value - Answer-D.
A broker is TYPICALLY considered to be which of the
following types of agents?A.
A special agent
