Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest (GRADED A+)

Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest (GRADED A+) supply and demand - correct answerhigh demand low supply = increase low demand high supply = decrease intangible - correct answercant be seen or touched scope of work rule - correct problem to be solved mine & perform the scope of work necessary to develop credible assignment results 3. disclose the scope of work in the report base year - correct answereffective date of the appaisers opinion is on ethic rule - correct appraiser must promote & perserve the public trust st standards of professional ethics 3. conduct, managemant, confidentiality appraiser must act competenty and in a manner that is - correct answerindependent, impartial, objective what does uspap stand for - correct answeruniform standards of the proffessional appraisal practice 5 parts of uspap - correct ition 2. rules 3. preamble 4. standards 5. statements Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest workfile - correct answerdocuments necessary to support amd appraisers opinion of value. * all data collected to come to the value value - correct answerpresent worth of future valuation service - correct answerservice peratining to aspect of property value signature - correct answerperson accepting the responsibilty of content, analyses, conclusion scope of work - correct answerresearch analysis in an appraisal or appraisal review assignment * steps to get it done report - correct answercommunication, written or oral appraisal review transmitted to client real property - correct answerreal estate & all rights both tangible and intangible the interest, benefits, and the rights inherent in the ownership of real estate real estate - correct answerindentified parcel of land price - correct answerthe amount asked, offered, or paid for property personal property - correct answertangible objects, moveable items not affixed mass appraisal model - correct answermathematical expression 1 acre = _____ square feet - correct answer43,560 our deed descriptions are of - correct answermeets and bounds mass appraisal - correct answerthe process of valuing a universe of properties as of a given date using standard methology employing common data and allowing for statistical testing 5 steps that make up market value - correct seller motivated