Question: When an appraiser is asked to undertake an assignment that does not include a value opinion or the expectation of an impartial, disinterested third party

When an appraiser is asked to undertake an assignment that does not include a value opinion or the expectation of an impartial, disinterested third party but does include some valuation information (such as a real estate broker trying to get a listing),

A. USPAP Standards 1 and 2 apply

B. USPAP Standard 3 applies

C. This is an appraisal assignment, but professional standards do not apply

D. This is a valuation service that does not include an appraisal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Tableau and Power BI Project: Data Visualization to Aid Decision - Making Adapted from Hoelscher and Mortimer ( 2 0 1 8 ) ( 2 0 1 8 ) Introduction to data analytics In this case study, you will gain...

Q:

When an appraiser is asked to undertake an assignment that does not include a value opinion or the expectation of an impartial, disinterested third party but does include some valuation information...

Q:

Need help with an assignment; having trouble especially identifying and summarizing the issues, rules and reasoning! Must create a case brief on the case of Yusuf Ahmed Alghanim & Sons v Toys "R" Us...

Q:

Please read the following documents and creat a case brief. The brief must include the tile/citations, the judicial history, the Facts, the Rule(s), the holding/conclusion and the Reasoning. Yusuf...

Q:

Chapter Three MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. ) The value of the audit report and the demand for audit services depends on A)...

Q:

Divvy Bikes Background Information: Divvy is a bicycle sharing system in the City of Chicago and two adjacent suburbs that is operated by Motivate for the City of Chicago Department of...

Q:

i need help to set up and how to start this problem. Checkpoint Contents Federal Library Federal Source Materials Federal Tax Decisions Tax Court Reported Decisions Tax Court & Board of Tax Appeals...

Q:

(1) The Quality of Financial Information Referencing this week?s readings and lecture, describe the quality issues related to reporting revenue. What is the importance of understanding various...

Q:

Planning the Legion Appliance Audit Legion Appliance Manufacturing Company has been your firm?s audit client for the past five years. Approximately four years ago Legion developed a better toaster...

Q:

Planning the Legion Appliance Audit Legion Appliance Manufacturing Company has been your firm?s audit client for the past five years. Approximately four years ago Legion developed a better toaster...

Q:

Planning the Legion Appliance Audit Legion Appliance Manufacturing Company has been your firm?s audit client for the past five years. Approximately four years ago Legion developed a better toaster...

Q:

During bacterial conjugation, two cells of the same or similar species make close contact and transfer genetic information. In the donor cell, an endonuclease nicks the DNA so that a single strand...

Q:

A tennis tournament has a field of 2n entrants, all of whom need to be scheduled to play in the first round. How many different pairings are possible?

Q:

Is a single number sufficient to describe the exact position of a student in the classroom seating plan? Can the location of a seat in a cinema be represented by a single number?

Q:

Applying your knowledge. Read the scenario and answer the questions applying what you know from your tort notes and discussion in class. Your company makes a spray product designed to remove odors...

Q:

Based upon the information provided prepare: A bank reconciliation foe the month ended April 30, 2020 ( assume any errors, if any , are made by the company and all checks disbursed arw payments on...

Q:

Soda-King manufactures and sells two soft drinks: Kola and Limor. Budgeted and actual results for 2014 are as follows: 1. Compute the total sales-volume variance, the total sales-mix variance, and...

Q:

Use the cubic Hermite interpolation polynomial to f(r) to obtain the cor- (b-a)? rected trapezoidal rule f f(r) da f(a) + f(b)] LS'(b) f'(a). 12

Q:

For yield management to work effectively, the service organization has to have all these conditions EXCEPT relatively fixed capacity perishable inventory varying customer price sensitivity fixed...

Q:

2. Would a flexible benefit program save this organ-ization money if administered properly? To stay competitive, many organizations today are choos-ing to restructure their benefit programs....

Q:

3. What can organizations do to ensure musculoskel etal pain is proactively managed?

Q:

2. How can musculoskeletal pain that leads to disabi lities impact the workplace?