mckissock basic appraisal principles with perfect answers 2024

grant deed correct answersdeed containing, or having implied by law, some but not all of the usual covenants of title Appraiser correct answersOne who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report correct answersany 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 correct answersA 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 correct answerscharged with establishing the qualifications that all the states must meet in licensing, certification and re-certification of appraisers. january 8th, 2008 correct answersMajor changes to the Criteria went into effect May 1, 2018 correct answersAdditional revisions were made effective four components of the Real Property Appraiser Qualification Criteria correct answersqualifying ed, education, examinations, continuing ed The Appraisal Foundation correct answersnot-for-profit organization, established exclusively for educational and scientific purposes. After The Appraisal Foundation was formed, the Uniform Standards of Professional Appraisal Practice correct answerswas formally adopted by the Appraisal Standards Board (ASB) in January 1989. The Appraisal Foundation has three principal boards: correct answersBoard of Trustees (BOT) Appraisal Standards Board (ASB) Appraiser Qualifications Board (AQB) The BOT correct answersacts as an executive board for the Foundation. The ASB correct answersresponsible for creating standards for ethics and performance of appraisers.