Iaao 201 questions - Study guides, Class notes & Summaries
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IAAO 201 | Appraisal of Land | Questions and answers | 2024/25
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IAAO 201 | Appraisal of Land | Questions and answers | 2024/25
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IAAO 201 EXAM WITH QUESTIONS AND CORRECT ANSWERS GRADE A 2024
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IAAO 201 EXAM WITH QUESTIONS AND 
CORRECT ANSWERS GRADE A 2024
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IAAO 201 - QUIZ 1 - NO MATH QUESTIONS
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IAAO 201 - QUIZ 1 - NO MATH QUESTIONS
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IAAO -COURSE 201 Latest Updated 2024-2025 Actual Exam Questions and 100% Verified Correct Answers Guaranteed A+
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IAAO -COURSE 201 Latest Updated Actual Exam Questions and 100% Verified Correct Answers Guaranteed A+
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IAAO 201 Questions and Answers with Verified Solutions(2023/24) A+
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Land An immovable and indestructible three-dimensional area consisting of a portion of the 
earth's surface, the space above and below the surface, and everything growing on or 
permanently affixed to it. 
 
Five Attributes of Land "PUFFS" 
Permanent 
Unique 
Finite Supply 
Functional 
Stationary 
 
Four Value Characteristics of Land "DUST" 
Demand 
Utility 
Scarcity 
Transferability
And that's how you make extra money
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IAAO 201 Questions and Answers with Verified Solutions
- Exam (elaborations) • 11 pages • 2023
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Land An immovable and indestructible three-dimensional area consisting of a portion of the 
earth's surface, the space above and below the surface, and everything growing on or 
permanently affixed to it. 
Five Attributes of Land "PUFFS" 
Permanent 
Unique 
Finite Supply 
Functional 
Stationary 
Four Value Characteristics of Land "DUST" 
Demand 
Utility 
Scarcity 
Transferability
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IAAO 101 EXAM BUNDLE
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IAAO -COURSE 201 Questions With 100% Correct Answers/IAAO -COURSE 201 Questions With 100% Correct Answers/IAAO 101 – Quizzes Exam Questions With Complete Solutions/
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IAAO -COURSE 201 EXAM QUESTIONS AND CORRECT ANSWERS 2024/2025 GRADED A+.
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EXAM QUESTIONS AND 
CORRECT ANSWERS 
2024/2025 GRADED A+. 
2 / 3 
1. Land: The surface of the earth and everything above and beneath it . 
2. Attributes ofLand: Permanent, Unique, Finite Supply, Functional and Stationary 
3. Characteristics of Land: Demand, Utility, Scarcity and Transferability 
4. Raw land: unimproved land in its natural state prior to grading, construction andsubdividing. 
5. Agricultural land: referred to as undeveloped land except when platted subdivi-sion 
6. Improved land:...
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IAAO 201; Questions & Answers 100 Solved
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IAAO 201; Questions & Answers 100 Solved 
Land An immovable and indestructible three-dimensional area consisting of 
a portion of the 
earth's surface, the space above and below the surface, and everything growing 
on or 
permanently affixed to it. 
Five Attributes of Land "PUFFS" 
Permanent 
Unique 
Finite Supply 
Functional 
Stationary 
Four Value Characteristics of Land "DUST"
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IAAO 201 LAND QUESTIONS AND ANSWERS WITH SOLUTIONS 2025
- Exam (elaborations) • 17 pages • 2024
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The basis for applying the adjustments in the sales comparison approach. - ANSWER Contribution 
 
States that a property must be valued with a single use for the entire property. - ANSWER Consistant use 
 
The amount of goods that producers are willing to sell under various conditions during a given period. - ANSWER Supply (Producers=Supply) 
 
Net income remaining after the cost of labor, management, and capital has been paid. - ANSWER Surplus productivity 
 
Present worth of future benefits. -...
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