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IAAO Course 300 Drill 1 / Questions With Verified Answers 100% Score!!!
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IAAO Course 300 Drill 1 / Questions With Verified Answers 100% Score!!!
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IAAO Course 300 Drill 1 / Questions With VerifiedAnswers 100% Score!!!
Quiz :The basic structure of a model for the sales comparison approach: - Answer
:V=Sc + ADJc
Quiz :Calibration - Answer :Adjusting tables or schedules to the current market
and determination of the rates used in a model.
Quiz :The basic model structure for the cost approach: - Answer :V=LV + (RCN-D)
Quiz :Net operating incomes and capitalization rates are required for which
model: - Answer :Income approach model.
Quiz :The definition of mass appraisal: - Answer :The systematic appraisal of
groups of properties, as of a given date, using standardized procedures and
statistical testing.
Quiz :What do property valuation models seek to explain or predict? -
Answer :The market value of properties from real estate sales and related data.
Quiz :Supply factors: - Answer :Building costs, economic conditions and interest
rates.
Quiz :Demand factors: - Answer :Location, condition and construction quality.
Quiz :Model specification - Answer :Indication of the supply in demand factors
the best explain value in a specific market in model building.
Quiz :The basic hybrid (generic) model structure: - Answer :V=LV + BV
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