Iaao 101 Study guides, Class notes & Summaries

ad valorem According to Value The basic responsibilities of an Appraiser to all taxable property. 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' Situs The type of value usually estimated by an Appraiser is the Market Value The effective tax rate reflects the ratio between what The current tax bill and the property value Assessment level times the tax rate equals The effective tax rate ______...

IAAO 101 Exam Questions With Correct Answers Latest Updaed 2024/2025 | 100% Correct. The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Answer- Situs The type of value usually estimated by an Appraiser is the - Answer- Market Value The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value Assessment level tim...

The property tax is an ____ __________ tax, meaning it is based on value. - Answer- ad valorem The assessor is responsible for the _______, ________, and __________ of all taxable property. - Answer- discovery listing valuation The taxable location of personal property is referred to as its __________. - Answer- situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. - Answer- an appraisal A jurisdiction's...

IAAO 101 EXAM NEWST VERSION QUESTIONS WITH CORRECT ANSWERS100% CORRECT IAAO 101 EXAM NEWST VERSION QUESTIONS WITH CORRECT ANSWERS100% CORRECT

IAAO 101 - Quizzes with 100% correct answers.

IAAO 101 - Quizzes with 100% correct answers.

The basic responsibilities of the assessor are to ___________________ all taxable property - CORRECT ANSWER Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - CORRECT ANSWER Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - CORRECT ANSWER Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - CORRECT ANSWER 0.1330 Actual value...

iaao 101 Exam | Questions with 100% Correct Answers | Verified | Updated 2024

IAAO 101 - Quizzes | Questions with 100% Correct Answers | Verified | Updated 2024

IAAO 101 – QUESTIONS & VERIFIED ANSWERS