When a property is made up of separate pieces of land, what key detail must the appraiser explain?
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The appraiser must state what divides the parcels, such as a road, a body of water, or other land
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Fill in the blank: If zoning is classified as legal nonconforming, the appraiser must explain whether the effect is ______, ______, or ______.
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Adverse, Beneficial, or Neutral.
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Where is non-residential use reported if the land involved is not part of the common area?
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It is documented in the Site section of the appraisal
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What information must be included when the property’s main access is via a private street?
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The report must indicate the street’s surface type and whether a maintenance agreement exists
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In a multi-unit property, how are views reported?
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At the unit level, showing the main view, its range, the impact (positive, neutral, or negative), and explanatory comments
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How should unusual easements or property restrictions be addressed in the site description?
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They should be described in detail along with their effect on the property
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Transcript
When a property is made up of separate pieces of land, what key detail must the appraiser explain?
Flip flashcard to reveal answer
The correct answer is...
The appraiser must state what divides the parcels, such as a road, a body of water, or other land
Back to Question
Next card
Fill in the blank: If zoning is classified as legal nonconforming, the appraiser must explain whether the effect is ______, ______, or ______.
Flip flashcard to reveal answer
Previous card
The correct answer is...
Adverse, Beneficial, or Neutral.
Next card
Back to Question
Where is non-residential use reported if the land involved is not part of the common area?
Flip flashcard to reveal answer
Previous card
The correct answer is...
It is documented in the Site section of the appraisal
Next card
Next card
Back to Question
What information must be included when the property’s main access is via a private street?
Flip flashcard to reveal answer
Previous card
The correct answer is...
The report must indicate the street’s surface type and whether a maintenance agreement exists
Next card
Back to Question
In a multi-unit property, how are views reported?
Flip flashcard to reveal answer
Previous card
The correct answer is...
At the unit level, showing the main view, its range, the impact (positive, neutral, or negative), and explanatory comments
Next card
Back to Question
How should unusual easements or property restrictions be addressed in the site description?
Flip flashcard to reveal answer
Previous card
The correct answer is...
They should be described in detail along with their effect on the property
Back to Question