Question

For CMA's, licensees are required to include this disclosure in at least 12-point boldface type immediately after the estimated market value:

Answer 1

CMAs must include a disclosure in 12-point boldface type after the estimated market value, usually related to the valuation method or legal disclaimers.

Step-by-step explanation:

For Certified Market Analysts (CMAs), it is a requirement to include a specific disclosure after providing an estimated market value in their reports. This disclosure must be in at least 12-point boldface type to ensure clarity and visibility for the reader. The precise content of the disclosure typically pertains to the methodology used for the market value estimation, any potential conflicts of interest, or other pertinent legal disclaimers required by regulatory bodies governing real estate and appraisal practices.