menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    California Real Estate Principles
  4. Exam
    Exam 1: Introduction to Real Estate
  5. Question
    An Appraisal Is Defined As
Solved

An Appraisal Is Defined As

Question 5

Question 5

Multiple Choice

An appraisal is defined as:


A) market price
B) an estimate of value
C) maximum security for a loan
D) actual resale price

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Real property can be most completely defined

Q2: Which of the following is considered personal

Q3: A deeded easement of right-of-way over the

Q4: Under Proposition 13, the maximum real property

Q6: The state law that prevents agents from

Q7: Which of the following must have an

Q8: Which of the following is considered to

Q9: A due-on-sale clause in a real estate

Q10: Which of the following is false?<br>A) airspace

Q11: Which of the following is classified as

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines