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PA APPRAISERS LICENSE EXAM 2024 NEWEST VERSION WITH 300+ ACTUAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS/ 2024 PA APPRAISERS LICENSE REAL EXAM 2024 WITH ANSWERS (GUARANTEED A+) The auto appraiser considers the extent of damage, the size of the damaged area, and the appearance. Usually, if the repair cost exceeds ____ of the cost to replace the part, replacement is appropriate. - ANSWER-75% The identifying marks on a plastic part are so worn down they cannot be read. Therefore, the...

PA APPRAISERS LICENSE NEWEST 2024 ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

How is a diamond condition fixed? - By pulling the damage for length. Diamond is a length condition. When measuring a unibody vehicle, it is discovered that the left front rail is 111mm from spec in width. What condition is this? - Width is calculated from the center out, so a value of -111mm on the left rail shows sway to the right and in toward centerline. A collision damaged vehicle is discovered to be down in height at opposite end of the center section. - Twist condition. When diagnos...

PA Appraisers License Exam Questions and Answers |100% verified| 2024 How is a diamond condition fixed? By pulling the damage for length. Diamond is a length condition. When measuring a unibody vehicle, it is discovered that the left front rail is 111mm from spec in width. What condition is this? Width is calculated from the center out, so a value of -111mm on the left rail shows sway to the right and in toward centerline.

Authority of the Auto Damage Appraiser Licensing Board (M.G.L. C. 26 Sec. 8G; 212 CMR 2.01) - Answer-2.01: Scope of Regulations (1) Purpose and Applicability. The purpose of 212 CMR 2.00 is to promote the public welfare and safety by improving the quality and economy of the appraisal and repair of damaged motor vehicles. Any licensed appraiser, individual or corporate entity who employs licensed appraisers shall be bound by 212 CMR 2.00. 212 CMR 2.00 is intended to be read in conjunction ...

Subrogation - Answer-One insurance company sues another to recover cost to repair insured's car Release - Answer-Two insurance companies agreed or insured agrees ACV - Answer-Actual Cash Value, cost new less depreciation Arbitration - Answer-Only way in insurance policy to dispute claim amount. Two appraisers agree or go to umpire LQK - Answer-Like, Kind, Quality Solenoid - Answer-Located between battery and starter motor Exhaust - Answer-Parts-CAT converter, muffler, pipes, e...

In PA, a consumer reporting agency may list all of the following information about a consumer EXCEPT: - Answer-Medical Information The device that synchronizes the spark plug firing sequence is: - Answer-Camshaft Sensor If an insured fail to report a claim in a timely fashion the adjuster will usually: - Answer-Send the insured a reservation of rights letter When using a dedicated bench fixture to measure a unibody with front-end damage, where should fixtures be placed? - Answer-Fixtur...

How long is a binder good for? - Answer-90 days Before an applicant may be issued a motor vehicle physical damage appraisers license, the applicant must file a surety bond with the Commissioner in the amount of... - Answer-$2,500 Erica's dire financial condition compels her to consider filing for bankruptcy. What type of hazard does her financial condition represent? - Answer-Moral Hazard Moral Hazard - Answer-Moral hazards are tendencies or traits of an individual that increase the ch...

How is a diamond condition fixed? - Answer-By pulling the damage for length. Diamond is a length condition. When measuring a unibody vehicle, it is discovered that the left front rail is 111mm from spec in width. What condition is this? - Answer-Width is calculated from the center out, so a value of -111mm on the left rail shows sway to the right and in toward centerline. A collision damaged vehicle is discovered to be down in height at opposite end of the center section. - Answer-Twist co...

If an appraiser's certificate has been revoked by the Board, he or she is prohibited from ever applying for an appraisal certification again. - Answer-FALSE Which of these is NOT a specific power of the State Board of Certified Real Estate Appraisers, per Act 98? - Answer-editing USPAP Which of the following is a violation of Act 98? - Answer-making an appraisal fee contingent upon a property owner's tax assessment being lowered If disciplinary action is taken against a PA appraiser b...

Applicant Age - Answer-18 years or older How long do you have to wait to be eligible to retake an examination if you fail? - Answer-30 days The Commissioner will prescribe the form of the appraiser's license and it will contain: - Answer-Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary Experience and Fitness requirements for Licensing - Answer--A mi...

For appraisers performing appraisals for federally related transactions, all states are required to establish uniform certification procedures. a. True b. False - Answer-A. TRUE All states are required to establish uniform certification procedures for appraisers performing appraisals for federally related transactions. The Board of Certified Real Estate Appraisers has been created and the Real Estate Appraisers Certification Act has been adopted in Pennsylvania. Today, this board gover...