____conditions are assumptions, extraordinary assumptions, laws, regulations, etc. that affect the scope of work
Monetary relationship between properties and those who buy, sell or use them.
OF Work = the type and extent of research and analysis in an assignment
Who engages the appraiser?
Board of ____
Who enforces USPAP?
How many standards in USPAP?
The act of process of developing an opinion of value
_____time is an opinion, of the length of time would have to be offered on the market to sell.
USPAP promotes
Any communication, written or oral , of an appraisal or appraisal review that is transmitted to the client upon completion of an assignment.
_____assumption regarding uncertain information used in an analysis
Writes, amends and interprets USPAP
The actual or estimated amount required to create, reproduce, replace or obtain an object.
Down
The process of valuing a universe of properties as of a given date using standard methodology.
Title of FIRREA
Personalized evidence that authenticates that the appraiser performed and is responsible for the contents.
Who benefits from appraisal services?
Is the client and any other party identified by name or type
One who is expected to perform valuation services competently and in a manner that is independent, impartial and objective.
______ assumption is a condition that is contrary to what is known to exist.
Are an integral part of USPAP
___the problem
Appraisal _______ is the act or process of developing an opinion of another appraiser's work or work file
Identify the ___
Appraisal _____ is a valuation service performed by an individual acting as an appraiser.
Business______ = the interests, benefits and rights inherent in the ownership of a business.
Established the ASC
Appraisal Subcommittee
A preference or inclination that precludes impartiality etc.
Establishes minimum education
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