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18 True/False questions

  1. UAD: Q6Basic quality; may not be suitable for a year-round occupancy (red flag and not acceptable)

          

  2. UAD: C2Improvements feature no deferred maintenance, almost new/renovated

          

  3. What is a unique property?An example would be a log home in a suburban neighborhood

          

  4. UAD: C4Improvements well maintained and feature limited physical depreciation

          

  5. UAD: C1Improvements very recently constructed, not previously occupied

          

  6. UAD: Q1Unique architectural designed structures

          

  7. UAD: C5Improvements have obvious deferred maintenance in need of serious repair

          

  8. UAD: Q5Basic quality; may not be suitable for a year-round occupancy (red flag and not acceptable)

          

  9. What is the score range for Appraisals?1-5 (1.2 = low & 4.9 = high)

          

  10. UAD Ratings for Comparables-Property listed as vacant
    -Comparables not similar in market appeal
    -Inconsistent square footage adjustments for each comparables
    -Comparables distant from subject location
    -Higher value comparables outside neighborhood
    -Favoring comparables in superior location

          

  11. What is an atypical property?An example would be a log home in a suburban neighborhood

          

  12. UAD: Q4Meet acceptable building codes; builder grade finishes

          

  13. UAD: Q3Meet acceptable building codes; builder grade finishes

          

  14. UADUniform Appraisal Dataset

          

  15. Valuation of Red FlagsQ1, Q2, Q3, Q4, Q5, Q6

          

  16. UAD: C6Improvements feature some deferred maintenance, functionally adequate

          

  17. UAD: C3Improvements well maintained and feature limited physical depreciation

          

  18. UAD: Q2Often custom designed or upgraded plans