CAE Communication and Documentation 4

Question 1

In an appraisal report prepared for an appeal, what does USPAP require regarding extraordinary assumptions?

Accepted Answer

They must be clearly and conspicuously disclosed, with a statement that their use might affect results

Answer

USPAP requires extraordinary assumptions to be clearly disclosed along with a statement that they might affect assignment results.

Question 2

Which communication is most effective for reducing appeals after a reappraisal?

Accepted Answer

Pre-notice outreach explaining market trends and how owners can review data

Answer

Early education and opportunities to review data resolve concerns before formal appeals.

Question 3

An assessor receives a phone inquiry and resolves a data error. Best practice is to:

Accepted Answer

Log the contact, the issue, and the correction made

Answer

Logging contacts and corrections creates a record for quality control and future reference.

Question 4

Which document typically lists every taxable parcel with its owner and assessed value for a tax year?

Accepted Answer

The assessment roll

Answer

The assessment roll is the official listing of parcels, owners, and assessed values.

Question 5

Record retention schedules for assessment documents are generally determined by:

Accepted Answer

State or local records retention laws and policies

Answer

Retention periods are set by applicable public records laws and approved schedules.

CAE - Certified Assessment Evaluator Practice Test