Which is not an element of problem identification?
-assignment conditions
-effective date of the opinions and conclusions
-client and other intended
... [Show More] users
-reporting option to be used in the assignment
Reporting option to be used in the assignment
Most of the information necessary for the appraiser to identify the problem in a particular assignment
Requires communication with the client
What is true about appraising the same property for two clients
Value opinion could be different in each assignment
Confidential information can be disclosed to person specifically authorized by the client, state appraisal agencies, third parties as authorized by law, or a
Duly authorized professional peer review committee
When an individual is performing valuation services outside of appraisal practice, that individual must be careful to
Not miss represent his role
According to the management session of the ethics rules, and appraiser in fixes his signature in assignment for what purpose?
Certified recognition and acceptance of USPAP responsibilities
When can extraordinary Assumption be used regarding information not available to the appraiser due to assignment conditions
When credible assignment results can still be developed
Which is an element of defining the problem?
-Assignment conditions
-market analysis
-scope of work
-Data collection
Assignment conditions
Which of these activities does the conduct session of the ethics rule prohibit?
-criminal conduct
-Objective opinions in appraisal practice
-valuation services outside of appraisal practice
-Appraisal consulting
Criminal conduct
Which would not be considered a competency factor in a particular assignment?
-analytical method
-laws and regulations
-appraisers credentials
-intended use
Appraisers credentials
The conduct session of the ethics rule requires the appraiser to disclose previous services as an appraiser or in any capacity regarding the subject property for what period of time prior to accepting an assignment
Three years
And appraisers peer is defined as
Other appraisers who have expertise and competency in a similar type of assignment
According to the recordkeeping rule, what information is not required to be in the work file?
-documentation to support the appraisers opinion and conclusions
-specific names of other intended users
-True copies of any written reports
-references to the location of other documentation not in the work file
Specific names of other intended users [Show Less]