General Report Writing & Case Studies
Questions With Complete Solutions
Which of the following is the most thorough definition of a "narrative appraisal report"?
- The act of orally communicating the opinion of value to a client
- A written document that identifies all of the information in the appraiser's workfile
- A written document that is solely for the use of the intender user and explains how the appraisal
report was developed and prepared
- A written document that identifies and supports how the appraiser developed the opinion of
value A written document that identifies and supports how the appraiser developed the
opinion of value
When including a quotation from a source within an appraisal report, how should it be indicated?
- By using boldface type
- By putting the source of the quotation in the addendum of the appraisal report
- By acknowledging the source either adjacent to the quote or by the use of a footnote
- By underlining the words of the quote By acknowledging the source either adjacent to
the quote or by the use of a footnote
, General Report Writing & Case Studies
Questions With Complete Solutions
What must the appraiser's scope of work describe and clearly explain?
- That the scope of work explanation was in compliance with USPAP's formal guidelines for
"how to write a scope of work"
- That the scope of work employed to solve the appraisal problem was appropriate for the
assignment
- A detailed description of the real estate
- That the scope of work included value conclusions for each of the three approaches That
the scope of work employed to solve the appraisal problem was appropriate for the assignment
Which of the following should NOT be used in a well-written narrative appraisal report?
- Short crisp sentences
- Slang or clichés
- Good grammar
- Bullet points Slang or clichés
, General Report Writing & Case Studies
Questions With Complete Solutions
Which of the following describes what is meant by the date of the appraisal report?
- The date the appraisal report was completed and transmitted to the client
- The date that the opinion of value applies to
- The date the appraisal report was received by the client
- The date the property being appraised was inspected by the appraiser The date the
appraisal report was completed and transmitted to the client
Which of the following should be employed when writing a narrative appraisal report?
- A standardized template with a basic font type and size
- Numerous recent industry acronyms
- Long, run-on sentences, which are intended to impress the reader with your mastery of the
English language
- Varied colors of printing ink A standardized template with a basic font type and size
The location and surroundings section of a narrative appraisal can be an assemblage of what
three portions?
, General Report Writing & Case Studies
Questions With Complete Solutions
- Property history, population data, neighborhood description
- Description of the subject site, its neighborhood, and the county in which it is located
- Macro Area Description, Micro Area Description, and a Neighborhood-Vicinity Description
- Macro area description, property description, and neighborhood analysis Macro Area
Description, Micro Area Description, and a Neighborhood-Vicinity Description
What are the primary differences between Appraisal Reports and Restricted Appraisal Reports?
- None; all written real property appraisal reports are the same
- Restricted Appraisal Reports do not need to feature or contain any maps or photographs
- Restricted Appraisal Reports can only be provided with the intended user's permission
- Restricted Appraisal Reports contain much less detail and narrative description
Restricted Appraisal Reports contain much less detail and narrative description
Studies have shown that we retain more of what we _____________ than with any other method.
- Read
Questions With Complete Solutions
Which of the following is the most thorough definition of a "narrative appraisal report"?
- The act of orally communicating the opinion of value to a client
- A written document that identifies all of the information in the appraiser's workfile
- A written document that is solely for the use of the intender user and explains how the appraisal
report was developed and prepared
- A written document that identifies and supports how the appraiser developed the opinion of
value A written document that identifies and supports how the appraiser developed the
opinion of value
When including a quotation from a source within an appraisal report, how should it be indicated?
- By using boldface type
- By putting the source of the quotation in the addendum of the appraisal report
- By acknowledging the source either adjacent to the quote or by the use of a footnote
- By underlining the words of the quote By acknowledging the source either adjacent to
the quote or by the use of a footnote
, General Report Writing & Case Studies
Questions With Complete Solutions
What must the appraiser's scope of work describe and clearly explain?
- That the scope of work explanation was in compliance with USPAP's formal guidelines for
"how to write a scope of work"
- That the scope of work employed to solve the appraisal problem was appropriate for the
assignment
- A detailed description of the real estate
- That the scope of work included value conclusions for each of the three approaches That
the scope of work employed to solve the appraisal problem was appropriate for the assignment
Which of the following should NOT be used in a well-written narrative appraisal report?
- Short crisp sentences
- Slang or clichés
- Good grammar
- Bullet points Slang or clichés
, General Report Writing & Case Studies
Questions With Complete Solutions
Which of the following describes what is meant by the date of the appraisal report?
- The date the appraisal report was completed and transmitted to the client
- The date that the opinion of value applies to
- The date the appraisal report was received by the client
- The date the property being appraised was inspected by the appraiser The date the
appraisal report was completed and transmitted to the client
Which of the following should be employed when writing a narrative appraisal report?
- A standardized template with a basic font type and size
- Numerous recent industry acronyms
- Long, run-on sentences, which are intended to impress the reader with your mastery of the
English language
- Varied colors of printing ink A standardized template with a basic font type and size
The location and surroundings section of a narrative appraisal can be an assemblage of what
three portions?
, General Report Writing & Case Studies
Questions With Complete Solutions
- Property history, population data, neighborhood description
- Description of the subject site, its neighborhood, and the county in which it is located
- Macro Area Description, Micro Area Description, and a Neighborhood-Vicinity Description
- Macro area description, property description, and neighborhood analysis Macro Area
Description, Micro Area Description, and a Neighborhood-Vicinity Description
What are the primary differences between Appraisal Reports and Restricted Appraisal Reports?
- None; all written real property appraisal reports are the same
- Restricted Appraisal Reports do not need to feature or contain any maps or photographs
- Restricted Appraisal Reports can only be provided with the intended user's permission
- Restricted Appraisal Reports contain much less detail and narrative description
Restricted Appraisal Reports contain much less detail and narrative description
Studies have shown that we retain more of what we _____________ than with any other method.
- Read
