MCKISSOCK BASIC APPRAISAL PRINCIPLES

grant deed - Answer-deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - Answer-One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - Answer-any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authorized by the client upon completion of an assignment. narrative report - Answer-A written communication of the results of a valuation or review assignment presented to the client in narrative style rather than on a form or orally. The AQB - Answer-charged with establishing the qualifications that all the states must meet in licensing, certification and re-certification of appraisers. january 8th, 2008 - Answer-Major changes to the Criteria went into effect May 1, 2018 - Answer-Additional revisions were made effective four components of the Real Property Appraiser Qualification Criteria - Answer-qualifying ed, education, examinations, continuing ed The Appraisal Foundation - Answer-not-for-profit organization, established exclusively for educational and scientific purposes. After The Appraisal Foundation was formed, the Uniform Standards of Professional Appraisal Practice - Answer-was formally adopted by the Appraisal Standards Board (ASB) in January 1989. The Appraisal Foundation has three principal boards: - Answer-Board of Trustees (BOT) Appraisal Standards Board (ASB) Appraiser Qualifications Board (AQB) The