Mckissock

Capella University

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Exam (elaborations)

Basic Appraisal Procedures – McKissock| 147 QUESTIONS| WITH COMPLETE SOLUTIONS
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13

February 2023

2022/2023

A+
Available in bundle
Valuation process CORRECT ANSWERS: A systematic procedure used in the valuation of real property. Client CORRECT ANSWERS: The party or parties who engage, by employment or contract, an appraiser in a specific assignment. Steps in Defining the problem CORRECT ANSWERS: Identification and location of the real estate; Identification of the property rights; Definition of value; Purpose and intended use of the appraisal; Effective date of the opinion of value; Any special limiting conditions ...
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Exam (elaborations)

McKissock Learning - Basic Appraisal Principles| 120 QUESTIONS| WITH COMPLETE SOLUTIONS
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16

February 2023

2022/2023

A+
Available in bundle
"A document or a clause in a document in which the borrower accepts responsibility for the repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt CORRECT ANSWERS: mortgage note "The earth's surface, both land and water, and anything that is attached to it whether by the course of nature or human hands" is the definition of: A) land B) site C) water D) real property CORRECT ANSWERS: A The public restriction on property rights that allows the government to...
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Exam (elaborations)

mckissock basic appraisal principles| 190 QUESTIONS| WITH COMPLETE
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13

February 2023

2022/2023

A+
Available in bundle
grant deed CORRECT ANSWERS: deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser CORRECT ANSWERS: One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report CORRECT ANSWERS: 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...
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