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Exam (elaborations)

(MCKISSOCK) EXAM PREP WITH 100% CORRECT ANSWERS

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(MCKISSOCK) EXAM PREP WITH 100% CORRECT ANSWERS

Institution
15-hour National USPAP
Course
15-hour National USPAP











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Written for

Institution
15-hour National USPAP
Course
15-hour National USPAP

Document information

Uploaded on
March 17, 2025
Number of pages
517
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

1 of 911

Term



A statment that is prepared annualy to calculate a business net worth
is a called a



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balance sheet Unit-In place




age preferences Biased

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2 of 911

Term



What is the indicated per-square-foot adjustment for quality?



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$7 $0.50




-$55 $1


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3 of 911

Term



What is the adjustment for market conditions made to Sale 5?



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$3.08 $99.20




$0.50 $910

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4 of 911

Term



In reconciling the data in the sales comparison approach, the
appraiser should ensure that:



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The most reliable data is given Only recent data should be
the most weight considered




The least reliable data should be
All data should be treated equally
prioritized


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5 of 911

Term



The AQB Criteria specifies that an applicant for a Certified
Residential Appraiser credential must have accumulated _____ hours
of appraisal experience, in no fewer than ______ months.



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, $10,000 $29.92




2,500; 24 Appraisal Foundation


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6 of 911

Term



A sller dies after depositing a deed into escrow, but before closing.
A court decides that the deed was delivered as of the date of the
deposit into escrow. This is an example of



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A relation back doctrine. The value of ownership rights




Cooperative Credible assignment results


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