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URAR 2.13.12 Flashcards

Amanda Ukasick

Created on September 23, 2025

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Transcript

Which market value condition must stand alone without combining with other conditions?

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As Is

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Fill in the blank: For a property listed as “Subject to Repair,” there must be a __________

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For a property listed as “Subject to Repair,” there must be a RECOMMENDED ACTION OF REPAIR

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Selecting “Total Cost” in the appraisal allows the appraiser to:

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Provide one lump sum estimate covering all repairs

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Why is the reconciliation step essential in the appraisal process?

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It supports the final opinion of value by analyzing all applicable approaches

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If an appraisal method is not used, what must the appraiser do?

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Explain why the approach was omitted

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When is a Cost to Repair estimate required to be reported?

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When the client specifically requests it

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