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Financing is not part of the appraisal process. All the other answer selections are part of the narrative report.
When appraising a special purpose property, an appraiser uses the
Which of the following appraisal reports is the most detailed?
Which of the following is ethical for an appraiser to do?
Appraise a property in which the appraiser has an interest, provided they first disclose their interest in the property.
All of these are good reasons for making a separate site valuation, except
to apply the gross rent multiplier (GRM) technique.
When comparable sales are unavailable or inadequate and a property generates no income, an appraiser would likely use the
In using the market comparison approach in appraising a single family residence (SFR), comparisons should be made based on
the entire property.
An appraiser uses a site analysis to determine the
highest and best use of a property.
Loss of value of an expensive home due to the close proximity of lower-priced homes in a neighborhood is known as
The statement “more buildings are torn down than wear out” is an illustration of
All of the following are included in the laws governing the government power of eminent domain, except
the exercise of zoning authority.
Which of these most nearly refers to a loss in value due to economic obsolescence:
a zoning change.