Multiple Choice
Which of the following statements regarding certification of appraisers is correct?
A) It is illegal to undertake an appraisal unless that person is properly certified
B) Appraisers may be certified by each state as long as federal guidelines are adhered to
C) Certified appraisers must be used for every loan whether or not the lender is federally related
D) All appraisers with peer designations have been grandfathered into state certified status.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The principle of appraising that considers the
Q3: The normal method to reach a final
Q4: Which FHA software technology allows a approved
Q5: What is that the maximum time that
Q6: Which of the following types of legal
Q7: The sales comparison approach to value is
Q8: If the appropriate present worth factor is
Q9: The capitalization value of a $30,000 income
Q11: The kind of depreciation most closely associated
Q12: The underlying theories that support evaluation of