Basic Appraisal Procedures Exam Questions and Answers 2026 (100% Cor
rect)
Study online at https://quizlet.com/_jg1y9s
1. "The estimated cost to construct, at current prices as reproduction
of the effective appraisal date, an exact duplicate or
replica of the building being appraised, using the same
materials..." is the definition of _______________ cost.
2. Footings need to be _______________ below average frost at least 12 inches
penetration levels.
3. GRMs are derived by dividing the __________ by the sale price, gross monthly
property's ___________ at the time of sale. unfurnished market rent
4. The Fannie Mae Single Family Comparable Rent Sched- 1007
ule is designated as Form
5. "A condition, directly related to a specific assignment, hypothetical condition
which is contrary to what is known by the appraiser to
exist on the effective date of the assignment results,
but is used for the purpose of analysis" is the definition
of
6. What type of framing became popular in the 1800s balloon frame
with the advent of the steam-powered sawmill?
7. When estimating the amount of adjustments for differ- contribution
ences among properties, the most important principle
is the principle of _______________.
8. A _______________ home has a permanent steel chassis, manufactured
wheels and axles.
9. An expansion tank is part of a ___________ heating sys- hot water
tem.
1/9
, Basic Appraisal Procedures Exam Questions and Answers 2026 (100% Cor
rect)
Study online at https://quizlet.com/_jg1y9s
10. When describing roofing shingles, a "square" contains 100
__________ square feet.
11. The most commonly used approach for valuing sites is sales comparison
the ____________ approach.
12. J-bolts are used to anchor the _________ to the sill plate, foundation
__________.
13. "The amount and type of information researched and scope of work
the analysis applied in an assignment" is the definition
of
14. GLA includes _______________ but not _______________. above grade finished area,
garages
15. The most common heating systems in residential con- forced warm air
struction today are
16. EIFS is also known as synthetic stucco
17. Which cost estimating method is the most detailed and quantity survey
time-consuming to develop?
18. Segregated cost method is another name for the unit-in-place
_________ method.
19. The cost estimating method most commonly used by comparative-unit
residential appraisers is the ____________ method.
20. When measuring a condominium you should calculate GLA, interior
____ using _______ measurements.
21. identify, credible
2/9
rect)
Study online at https://quizlet.com/_jg1y9s
1. "The estimated cost to construct, at current prices as reproduction
of the effective appraisal date, an exact duplicate or
replica of the building being appraised, using the same
materials..." is the definition of _______________ cost.
2. Footings need to be _______________ below average frost at least 12 inches
penetration levels.
3. GRMs are derived by dividing the __________ by the sale price, gross monthly
property's ___________ at the time of sale. unfurnished market rent
4. The Fannie Mae Single Family Comparable Rent Sched- 1007
ule is designated as Form
5. "A condition, directly related to a specific assignment, hypothetical condition
which is contrary to what is known by the appraiser to
exist on the effective date of the assignment results,
but is used for the purpose of analysis" is the definition
of
6. What type of framing became popular in the 1800s balloon frame
with the advent of the steam-powered sawmill?
7. When estimating the amount of adjustments for differ- contribution
ences among properties, the most important principle
is the principle of _______________.
8. A _______________ home has a permanent steel chassis, manufactured
wheels and axles.
9. An expansion tank is part of a ___________ heating sys- hot water
tem.
1/9
, Basic Appraisal Procedures Exam Questions and Answers 2026 (100% Cor
rect)
Study online at https://quizlet.com/_jg1y9s
10. When describing roofing shingles, a "square" contains 100
__________ square feet.
11. The most commonly used approach for valuing sites is sales comparison
the ____________ approach.
12. J-bolts are used to anchor the _________ to the sill plate, foundation
__________.
13. "The amount and type of information researched and scope of work
the analysis applied in an assignment" is the definition
of
14. GLA includes _______________ but not _______________. above grade finished area,
garages
15. The most common heating systems in residential con- forced warm air
struction today are
16. EIFS is also known as synthetic stucco
17. Which cost estimating method is the most detailed and quantity survey
time-consuming to develop?
18. Segregated cost method is another name for the unit-in-place
_________ method.
19. The cost estimating method most commonly used by comparative-unit
residential appraisers is the ____________ method.
20. When measuring a condominium you should calculate GLA, interior
____ using _______ measurements.
21. identify, credible
2/9
