Problem 1: List the 8 Steps of the Appraisal Process and for each step identifies at least 1 key thing you believe important to successfully complete that step?
Problem 2: What are the definition and key differences between the Effective Date of the Appraisal and the Date of the Appraisal Report?
Problem 3: List the 3 types of Legal Property Description methods. Then take one of the 3 types and briefly describe that method. Mention one thing you found interesting about that method of providing the legal description of Real Estate.
Problem 4: Based on what you learned about Legal Descriptions, why wouldn't a street address be adequate alone as a legal description for the sale of a Real Estate Property?