Identification of the real estate and the property rights, the
date of the value estimate, the appraisal use, and the definition
of value are all considered:
necessary for public records
none of the above
The uniform standards of performance for an appraisal do NOT
include which of the following?
An appraisal assignment must be supported by written
An appraisal must disclose the reasons for omitting any standard
The primary appraiser and a review appraiser must certify the
results of the appraisal.
The appraiser who signs the appraisal must include a statement
regarding the purpose of the appraisal.
According to the Uniform Standards of Professional Appraisal
Practice, which one of the following should and appraiser do if it
is discovered during the course of an appraisal that he/she does
not have the required knowledge or experience to complete the
Do nothing since the appraiser will learn while preparing the
Compensate by spending additional time on the appraisal.
Reduce the appraisal fee to compensate for the lack of knowledge.
Remedy the situation before continuing the appraisal.
Based on the Uniform Standards of Professional Appraisal Practice,
which one of the following would be the most appropriate action
for an appraiser to take if the appraisal assignment is located in
a geographic area where he/she has had no recent appraisal
Prepare the appraisal because this situation will not affect the
quality of the appraisal.
Proceed with the assignment since consideration of available hard
data on sales and rentals will offset this factor.
Take sufficient pre-appraisal time to remedy the lack of area
knowledge before beginning the appraisal.
You MUST always seek an affiliation with a qualified local
appraiser who is familiar with the area.
The Uniform Standards of Professional Appraisal Practice include
all but which of the following?
real property appraisal
all of the above are included in the Uniform Standards