Podcast
Questions and Answers
Gathering of what data is the appraiser's primary focus during a property inspection?
Gathering of what data is the appraiser's primary focus during a property inspection?
- Photographs
- Legal characteristics
- Property sketch
- Physical characteristics (correct)
Which type of room is generally NOT included in the total room count?
Which type of room is generally NOT included in the total room count?
- Kitchens (correct)
- Bedrooms
- Bathrooms
- Living rooms
When are photographs of the subject property and its views included in the appraisal report?
When are photographs of the subject property and its views included in the appraisal report?
- Never necessary
- Included if the scope of work in the assignment determines they should be (correct)
- Considered an invasion of the property owner's privacy
- Required by USPAP to be included in the workfile
Which document contains tax information, building size, sales history, and a legal description?
Which document contains tax information, building size, sales history, and a legal description?
How is a neighborhood defined in real estate appraisal?
How is a neighborhood defined in real estate appraisal?
Which of the following is an example of a natural boundary?
Which of the following is an example of a natural boundary?
What are the three traditional methods of describing land?
What are the three traditional methods of describing land?
Which method is NOT a traditional way of describing land?
Which method is NOT a traditional way of describing land?
Which of the following is NOT a common tool used by appraisers to analyze the segmented market?
Which of the following is NOT a common tool used by appraisers to analyze the segmented market?
What is the median?
What is the median?
How is the median calculated?
How is the median calculated?
In real estate, what does 'building description' typically include?
In real estate, what does 'building description' typically include?
Which of the following is NOT used to describe a building in a 'building description'?
Which of the following is NOT used to describe a building in a 'building description'?
When arranging numbers from lowest to highest, what value represents the median?
When arranging numbers from lowest to highest, what value represents the median?
What is a common method used in real estate to describe the boundaries of a property?
What is a common method used in real estate to describe the boundaries of a property?
Which system uses physical features and measurements to define property boundaries?
Which system uses physical features and measurements to define property boundaries?
In which system are properties divided into smaller units called lots and blocks?
In which system are properties divided into smaller units called lots and blocks?
Which of the following methods uses coordinates to locate points on Earth's surface?
Which of the following methods uses coordinates to locate points on Earth's surface?
What type of data is typically found on an Assessor Website?
What type of data is typically found on an Assessor Website?
What technology is commonly used to determine exact geographic positions on Earth?
What technology is commonly used to determine exact geographic positions on Earth?
Which system is commonly used to share real estate listing information among real estate professionals?
Which system is commonly used to share real estate listing information among real estate professionals?
What type of data might be associated with Geographic Information Systems (GIS)?
What type of data might be associated with Geographic Information Systems (GIS)?
In real estate appraisal, what type of data might NOT be found on an Assessor Website?
In real estate appraisal, what type of data might NOT be found on an Assessor Website?
Which platform is primarily used for sharing detailed property listings within the real estate industry?
Which platform is primarily used for sharing detailed property listings within the real estate industry?
