McKissock-Residential Property Inspection
for Appraisers Questions with Complete
Solutions
Which of these necessary pieces of information is MOST likely to be available through public
sources, and might not have to be obtained from the property owner? Copy of deed
You are looking to USPAP for guidance and advice regarding the issue of subject property
inspection. Where should you look? Advisory Opinion 2
An appraiser is valuing a rural property with acreage, and is looking at aerial photos of the
property before making the property inspection. The appraiser notes an area at the far corner of
the property where no vegetation is growing. Why might this be a concern? This could be
an indicator of environmental contamination
An appraiser is inspecting the subject property and is confronted with an aggressive and hostile
property owner. While there is no one solution that will work in every situation, what is the
LEAST advisable course of action for the appraiser? Become aggressive and hostile in
return
, Which of these is NOT used by appraisers or clients as a euphemism for the word "inspection?"
Quick look
____________ can provide estimates of cost, while _________ provide opinions of value.
Home inspectors, appraisers
An appraiser is responsible for reporting the facts of the subject property and developing
opinions that are: Independent, impartial, and objective
In its Handbook 4000.1, FHA has eliminated the word "inspection" with relation to the
appraiser's requirements, and has replaced it with: Observation
Under the Uniform Appraisal Dataset (UAD) protocols, which of these would be an acceptable
design/style descriptor? Colonial
One of the results of the Biggert-Waters Flood Insurance Reform Act was: Significant
increases in flood insurance rates have affected the values of properties in flood-prone areas
for Appraisers Questions with Complete
Solutions
Which of these necessary pieces of information is MOST likely to be available through public
sources, and might not have to be obtained from the property owner? Copy of deed
You are looking to USPAP for guidance and advice regarding the issue of subject property
inspection. Where should you look? Advisory Opinion 2
An appraiser is valuing a rural property with acreage, and is looking at aerial photos of the
property before making the property inspection. The appraiser notes an area at the far corner of
the property where no vegetation is growing. Why might this be a concern? This could be
an indicator of environmental contamination
An appraiser is inspecting the subject property and is confronted with an aggressive and hostile
property owner. While there is no one solution that will work in every situation, what is the
LEAST advisable course of action for the appraiser? Become aggressive and hostile in
return
, Which of these is NOT used by appraisers or clients as a euphemism for the word "inspection?"
Quick look
____________ can provide estimates of cost, while _________ provide opinions of value.
Home inspectors, appraisers
An appraiser is responsible for reporting the facts of the subject property and developing
opinions that are: Independent, impartial, and objective
In its Handbook 4000.1, FHA has eliminated the word "inspection" with relation to the
appraiser's requirements, and has replaced it with: Observation
Under the Uniform Appraisal Dataset (UAD) protocols, which of these would be an acceptable
design/style descriptor? Colonial
One of the results of the Biggert-Waters Flood Insurance Reform Act was: Significant
increases in flood insurance rates have affected the values of properties in flood-prone areas
