CERTIFICATION EXAMINATION 2026/2027 ACTUAL
EXAM COMPLETE QUESTIONS AND VERIFIED
SOLUTIONS|BRAND NEW!!
Market conditions adjustment for Sale 3 - ANSWER-0% (0
months x .05)
Adjusted sale price for Sale 1 - ANSWER-$318,000
Adjusted sale price for Sale 2 - ANSWER-$283,250
Adjusted sale price for Sale 3 - ANSWER-$279,000
,Net adjustments for Sale 1 - ANSWER--$52,900
Net adjustments for Sale 2 - ANSWER--$20,000
Net adjustments for Sale 3 - ANSWER--$14,000
Indicated value of property for Sale 1 - ANSWER-
$265,100
Indicated value of property for Sale 2 - ANSWER-
$263,250
Indicated value of property for Sale 3 - ANSWER-
$265,000
,Indicated value of property for Sale 4 - ANSWER-
$265,000
Square foot value for subject property - ANSWER-The
appraisal assignment is an eight-unit apartment.
Comparable Sale 1 - ANSWER-An eight-unit apartment of
brick construction containing 6,100 square feet.
Comparable Sale 2 - ANSWER-An eight-unit apartment of
brick construction containing 7,200 square feet.
, Comparable Sale 3 - ANSWER-An eight-unit apartment of
frame construction containing 5,800 square feet.
Heating and cooling adjustment - ANSWER-10%
Quality adjustment - ANSWER-10%
Condition adjustment - ANSWER-5%
Security doors adjustment - ANSWER-5%
Fire protection adjustment - ANSWER-5%