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Can a licensed real estate broker prepare an appraisal for a new loan on a property that the broker has listed for sale?

  1. yes, if the appraisal is identified as a comparative market analysis
  2. yes, if the appraisal is done before an offer to purchase is accepted by the seller
  3. yes, with proper disclosure to the lender about the broker's qualifications

D.no, real property appraisals are not within the scope of practice for a real estate broker

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Related questions

Which of the following statements about performance appraisal is not true?
 
A. Performance appraisal has become a tool to motivate and control workers
 
B Performance appraisal reduces managerial control
 
C. Employees may be appraised on both objective and subjective measures
 
D. Companies use the appraisal to encourage employee loyalty and commitment
Which of the following processes is related to human resources?
A) lead tracking 
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D) order management
What is the final step in the strategic human resource management process? 
A. Plan future human resources need.
B. Perform appraisals of people.
C. Assess the success of the recruitment process.
D. Orient, train, and develop people.
E. Recruit and select people

 

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