Part 20 Reconciliation And Communication Flashcards
1
Q
____________ is a phase of a valuation assignment in which 2 or more value indications are process into a value opinion, which may be a range of value, a single point estimate, or a reference to a benchmark value
A
Reconciliation
20-329
2
Q
The opinion of value that is derived from the final reconciliation of value indications and stated in the appraisal report is a:
A
Final Opinion of Value
20-331
3
Q
T/F A Final Opinion of Value can be expressed as a single point, as a range or in relation to a benchmark
A
True
20-331
4
Q
T/F each real property appraisal report must contain a signed certification
A
True
20-337
