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Basic Appraisal Procedures test |Questions and Correct answers| Already Passed
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True or False: The effective date of the valuation must be the date on which the appraiser inspected the subject property. -FALSE In many cases, the effective date is the date the appraiser inspects the subject property. But that is not always the case. The effective date can be any date, whether past, present, or future. "An interest or interests in real estate" is the definition of -Real Property "An assignment-specific assumption, as of the effective date, which, if found to be false, could alter the appraiser's opinions or conclusions" is the definition of -Extraordinary assumption
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Basic appraisal procedures
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basic appraisal procedures test
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