IAAO 300 (2023 CHAPTER REVIEWS | QUESTIONS AND 100% CORRECT ANSWERS | LATEST UPDATE |GRADED A+
Statistical testing The definition of mass appraisal is the systematic appraisal of groups of properties as of a given date using standardized procedures supply factors building costs, economic conditions, & interest rates demand factors Location, condition and construction quality MVs=Sc+ADJc Sales comparison approach basic model structure Model specification Determining what data to include in the model & in what format Model Calibration determining the rates used in a model such as adjusting formulas tables or schedules to the current market MV=LV+BV cost approach basic model structure Income Approach model requirement
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iaao 300 2023 chapter reviews questions and 10