Less credible What does a well-written appraisal report do for the client? Eunice prepares an Appraisal Report which does not contain all 12 of the minimum content requirements required by Standards Rule 2-2. Explain in the report why you did not include or address an item of such potential concern. The IRS has a "minimum coverage" rule regarding qualified retirement plans. Chuck is using the URAR form to report an appraisal for a lending institution. Compartments are logical entities. Empowers you to seek relevant information and support to make more informed decisions about participating in the criminal investigation. False. Which of these is NOT a permissible option for Nancy when preparing her report? What type of inspection must he make of his comparable sales? The Army's sexual assault policy is limited to incidents occurring on the installation. It must be the date that Orlando inspected the property. She asks him to add her name onto the report as an intended user. Sidra is unable to obtain reliable information about the property's physical characteristics and GLA. A. product variety B. quantity C. price D. profit E. dead weight loss. You decide whether and when to move forward with initiating an investigation. The restricted appraisal report serves as the entire workfile, and no additional workfile information is required USPAP does not address this issue. The use of standard appraisal reporting forms: Appraisal report and restricted appraisal report, The written report options set forth in Standards Rule 2-2 are. Mary Jane is preparing an Appraisal Report of a market value appraisal assignment. How is the gross living area (GLA) of a condominium unit measured? Bullet points No Appraisal is an intellectual process; the report is a communication. He/she has been sexually assaulted. What is the percentage of accrued depreciation by the age-life method? Lee's poem relates an experience in three ways. Because it is the only page of the report that most intended users will read In his appraisal report, he clearly and conspicuously discloses the use of the extraordinary assumption. In the event that the client does not want to be identified in the appraisal report, you may comply with the client's request. The investigation may continue their investigation without the victims participation or the MCIO may agree to close the investigation. Which is not true? dominant to long petals (b). In the event a victim or third party discloses a Restricted Report to the command, it does not negate the command from the standard notification and reporting responsibilities. a. benefit a broad cross-section of employees. On a separate sheet of paper, write the term that best matches each definition below. 3) Which term BEST describes the Fannie Mae 1004 (URAR) form? Fannie Mae Form 216, Operating Income Statement, is intended for use in: Estimating operating income for mortgage underwriting purposes. In appraising this property, can Kate employ an extraordinary assumption that the property is free of contamination? Service Members or their adult military dependents who desire Restricted Reporting under this policy must use one of the following reporting avenues: While Special Victims' Counsels/Victims Legal Counsels and chaplains have confidentiality/privilege and can have private and confidential communications with victims, they CANNOT assist a victim to file an official Restricted Report, because that official reporting can only be done by signing a DD Form 2910 with a SARC or SAPR VA. Healthcare providers will refer patients to SARCs and SAPR VAs, but may also annotate the Restricted Report in the DD Form 2911, which documents the sexual assault forensic examination. She may omit the client's name from the report, but she must identify the client in her workfile. A I. Under USPAP, an electronically transmitted appraisal report is considered to be: If one or more of the USPAP certifications in the appraisal report is not true, what should the appraiser do? If, in developing your appraisal, you excluded something you believe an intended user may be concerned about, what should you do? Current appraisal One month later, a different lender calls and tells Eduardo that she has a copy of the report. If a property is a non-conforming use under its zoning classification, what information should the appraiser include in the report? Which is longer, exposure time or marketing time? These are political groups that work to get a certain candidate elected into office.. This type of sexual harassment is called_________? The SARC maintains information regarding the number of sexual assaults for both Unrestricted and Restricted Reports. When the appraisal involves an extraordinary assumption It establishes a minimum, which can be exceeded. In his report, Andy may identify the intended user by type. General Appraiser Sales Comparison Approach, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses, Literature and Composition: Reading, Writing,Thinking, Carol Jago, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses. An appraiser's assumption that the subject property has no hidden or unapparent conditions of the soil or subsoil is an example of: What distinguishes an extraordinary assumption from an "ordinary" assumption? Both restricted and unrestricted reporting provide the victim with an option to receive medical treatment and other services. He must develop this approach in every commercial assignment. What is true about non-equijoin statement performance? A fund is an accounting entity that is designed to enable reporting This problem has been solved! I The securities must be sold on a dealer basis II The securities must be sold on an agency basis III The firm is prohibited from soliciting orders to buy 144 shares IV The firm can solicit potential customers to buy 144 shares. There is an HOA with mandatory automatic membership and the ability to lien properties. Which statement is TRUE regarding scope of work disclosure in appraisal reports? When there are intended users other than the client. Round answer to the nearest thousandth. As a result of the filing of the Restricted Report, the victims commander, once he or she knows of the Restricted Report status of the victim, will not ask the SARC/SAPR VA any details about the Restricted Report, nor will the commander seek to speak to the victim about the reported sexual assault incident. Regarding restricted persons, the member must: A obtain a representation from the conduit that the purchaser is not a restricted person. You should never exclude an item such as this from an appraisal report, If, in developing your appraisal, you excluded something you believe an intended user may be concerned about, what should you do? Restricted reporting option prompts an immediate investigation. A garage building has an effective age of 5 years and a total economic life of 25 years. Which statement is TRUE regarding use of acronyms and abbreviations (such as GRM) in an appraisal report? The SAPR Program will continue to provide services to all adult sexual assault victims who are non-intimate partners and to adults of sexual assault who are unmarried intimate partners when they are not: a current or former spouse, share a child in common, currently or previously shared a domicile, and when domestic abuse is present. The URAR form has been identified by the Appraisal Standards Board as generally meeting the reporting requirements for: Fannie Mae last revised its residential appraisal report forms in: Three common ways to identify a property by legal description are: Metes & bounds, lot & block, and rectangular survey. What is a proxy statement, and why is it important to the analyst? The SAPR VA advises the SARC that Service Member Smith has elected the Restricted Reporting option. Zoe is asked to provide an oral appraisal report. Oral appraisal reports require use of the DEPARTURE RULE. Which of the following statements is true regarding the definition of a fund? In a written Appraisal Report, what is the predominant level of detail required? Why Is any necessary definition, explanation, or caution missing or incomplete? The healthcare personnel determines and schedules follow-up healthcare (medical and mental health) as appropriate, or as requested by the victim. Which statement is FALSE regarding disclosure of scope of work in an Appraisal Report? What is the essential difference between the two written report options? A workfile is only required if the client specifically requests it, State that its use may have affected the assignment results, When an extraordinary assumption is used in an appraisal, the report must state the extraordinary assumption and: Why is the title page important in a narrative appraisal report? Like stock options, restricted stock has to vest before it can be sold. Which statement is true regarding general assumptions and limiting conditions? Information regarding the conditions allowing for the continued use of the property in its non-conforming state. . For example, if there is an ongoing investigation of the victims sexual assault and the MCIO notifies the SARC of the investigation before the victim makes a Restricted Report, this has no impact, and the victim is still eligible to file a Restricted Report. There are no other USPAP requirements regarding her value definition. \text{Por fin estoy en Lima. Which of the following should NOT be included in a well-written appraisal report? Restricted Reporting. 2 See answers Advertisement sofiaplillo Chaz is preparing an appraisal report. Which report option contains the more detailed presentation of the information, research, and analysis that was completed by the appraiser in the appraisal development process? }\\ Service Member Smith is asked if she would like a forensic examination, and she agrees. What is the primary difference between the Appraisal and Restricted types of appraisal reports? Anyone Like nonqualified stock options, the employee's income inclusion for restricted stock is the bargain element. Exterior inspection from at least the street. He may change the intended use, as long as the client does not change. c. Both restricted and unrestricted reporting require an investigation. Which of these should NOT be considered by an appraiser when making a scope of work decision? Can my client make his or her decision on the strength of this appraisal report? NDAA FY 16 Section 536 preempts mandatory reporting laws if the victim reports to an MTF first, thereby preserving the Restricted Reporting option. The terms of the listing agreement stated } Service members and military dependents (18 years and older) have two options when it comes to reporting sexual assault: Unrestricted or Restricted Reporting. What is the major difference between the Fannie Mae 1004 form and the 2055 form? She asks him to add her name onto the report as an intended user. The SAPR VA maintains communication and contact with the victim as needed for continued victim support. Does USPAP permit the appraiser to provide a Restricted Appraisal Report in this assignment? 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