Property Valuation
Washington appraiser licensing levels include all of the following EXCEPT:
ATrainee Appraiser
BLicensed Residential Appraiser
CCertified Residential Appraiser
DMaster Certified Appraiser✓ Correct
Explanation
Washington's appraiser credential levels are: Trainee Appraiser, Licensed Residential Appraiser, Certified Residential Appraiser, and Certified General Appraiser. There is no 'Master Certified Appraiser' designation as a DOL license level.
Related Washington Property Valuation Questions
- The principle of contribution in real estate valuation states that:
- In Washington, a 'drive-by appraisal' or 'exterior-only appraisal' is typically used for:
- A Washington appraiser values an income property with an NOI of $60,000 and applies a 7.5% capitalization rate. What is the indicated value?
- Economic obsolescence (external obsolescence) in property valuation is caused by:
- In Washington appraisal practice, 'market value' is defined as the most probable price a property would bring in:
- The principle of anticipation in Washington real estate valuation holds that:
- An appraiser in Olympia is asked to prepare a 'desk appraisal' or 'desktop appraisal.' This type of appraisal:
- In Washington, a 'before and after' appraisal is used in eminent domain proceedings to determine:
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