An appraisal can be simply described as-
Real Estate Appraisal Quiz

Quiz
•
Business
•
University
•
Easy
melanini ispopin
Used 8+ times
FREE Resource
70 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A opinion of value
A statement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People turn to professionals for appraisals in order to-
Get a more reliable estimate of value than their own
Get an unbiased and disinterested estimate of value
Obtain a document capable of being reviewed
ALL THE ABOVE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following suggests a market transaction, rather than a legal transaction, that may require an appraisal?
Exercise of a purchase option
purchasing a house
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not true?
Fixtures are always personal property even when attached to real estate
personal property
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The four components of real property include-
Land, permanently affixed objects, appurtenant rights, and that which is immovable by law
land, house, objects
cars, house, land,
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following requires using a Hypothetical Condition, as defined in USPAP?
A prospective appraisal
introspective appraisal
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The first step in the appraisal process is to-
Create a free account and access millions of resources
Similar Resources on Wayground
72 questions
HR QUIZ

Quiz
•
University
70 questions
Careers PRE

Quiz
•
10th Grade - University
68 questions
Economics Midterm Review (Part 3)

Quiz
•
University
75 questions
CHAPTER 13: TRANSPORTATION MANAGEMENT

Quiz
•
University
75 questions
CHAPTER 5: THE SUPPLY CHAIN MANAGEMENT CONCEPT

Quiz
•
University
67 questions
MGMT1 Midterm Review

Quiz
•
University
70 questions
AFAR

Quiz
•
University
71 questions
SAP ERP Material Planning and Procurement Quiz

Quiz
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade