Part 8 Standard 2 Flashcards
Standard 2 has _________ Standards Rules
Four
118
Reports must clearly and accurately set forth to not be ___________
Misleading
117
Reports must contain info for _____________ _______ to undersrand
Intended users
117
An appraiser must identify which type of report a report is. The two types are
1 - An ____________ Report
2 - A __________ __________ Report
1 - Appraisal
2 - Restricted Appraisal
Intended users other than the client must be identified by name in which type of report?
Restricted Appraisal Report
118
Intended users other than the client may be identified by either name or type in an _____________ _____________. Intended users other than the client must be identified by name in a ___________ ____________ ______________
Appraisal Report
Restricted Appraisal Report
118
____________ Reports must summarize information and ___________ _____________ Reports must state information
Appraisal
Restricted Appraisal
119
Key words “clearly” and “conspicuously” go along with what two assignment conditions on the report?
Hypothetical conditions
Extraordinary assumptions
120
Only place USPAP requires a signature is the
Certification page
126
An Oral Appraisal Report must contain and address the _____________ matters that a written report must contain
substantive
121
