Chapter 2 Flashcards
1
Q
The single most important tool in the appraisal business personal property is
A
A well designed listing form or return
2
Q
The six steps in appraisal process
A
Defined the problem
preliminary survey and planning
data collection
application of data
correlation /reconciliation
final value estimate
3
Q
Highest and best use analysis should consider
A
Legal, physical, financial constraints
4
Q
Three kinds of data to be analyzed in the data collection and analysis phase of the appraisal process include
A
General, specific and comparative
