Iaao 101 chapter 1 Study guides, Class notes & Summaries
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Highlighted IAAO 101- chapter 1-2 Questions with correct Answers
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Cadastral map - Answer- an accurate set of assessment maps . is the major tool for locating and identifying taxable property 
 
assessed value - Answer- property taxis based on taxable value 
 
How tax rates are expressed - Answer- $65.00/$1000 = .065 
72 mills = .072 
$8.00/$100= . 08 
62.5 mills= .0625 
 
what is the amount of property tax for subject? - Answer- tax rate X assessed value 
 
market value X assessment ratio - Answer- assessed value 
 
tax rate X assessed value = - Answer- taxes ...
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IAAO 101 EXAMS
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IAAO 101 EXAMS - QUESTIONS AND ANSWERS - PACKAGE DEAL
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IAAO 101 Chapter 3 Review questions and answers| graded A+
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IAAO 101 Chapter 3 Review questions and answers| graded A+ 
The cost approach is premised primarily on the principle of ______________, which state an informed buyer will not pay more to build a property than the cost of a similar property with equal utility. 
substitution 
 
 
 
Cost that occur on the construction site are considered _____ costs. 
direct 
 
 
 
Building A contains 10,000 square feet and is 100' x 100'. Building B contains 10,000 square feet and is 50' x 200'. Will it cost m...
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IAAO 101-CHAPTER 1 REVIEW 2023-2024|SOLVED&UPDATED|DOWNLOAD TO PASS
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IAAO 101-CHAPTER 1 REVIEW 2023-2024|SOLVED&UPDATED|DOWNLOAD TO PASS
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IAAO 101
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IAAO 101 (all solutions are 100% error free)
IAAO - Course 101 (all solved correctly)
IAAO Course 101 Workbook: Chapter 1 (A+ Graded already)
IAAO 101 Review (100% correct answers)
IAAO Course 101: Chapter 1 (already graded A+)
IAAO 101 – Quizzes (with complete solution)
IAAO Course 101 Review (A+ Graded answers)
IAAO 101 - Review Questions (all so
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IAAO 101-Chapter 1 Review questions and answers 2023
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IAAO 101-Chapter 1 Review questions and answers 2023 
Ad valorem 
Property tax is based on value 
 
 
 
Discovery, listing, valuation 
Responsibilities of the assessor 
 
 
 
Situs 
Taxable location of personal property 
 
 
 
Appraisal 
An estimate of value, usually in writing, of an adequately described property, as of a given date 
 
 
 
Tax rate 
Divide the budget by total assessed value 
 
 
 
Market value 
Type of value usually estimated by the assessor 
 
 
 
Effective tax rate 
The ratio...
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IAAO 101 Chapter 3 Review questions and answers
- Exam (elaborations) • 3 pages • 2023
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IAAO 101 Chapter 3 Review questions and answers 
The cost approach is premised primarily on the principle of ______________, which state an informed buyer will not pay more to build a property than the cost of a similar property with equal utility. 
substitution 
 
 
 
Cost that occur on the construction site are considered _____ costs. 
direct 
 
 
 
Building A contains 10,000 square feet and is 100' x 100'. Building B contains 10,000 square feet and is 50' x 200'. Will it cost more to buil...
-
IAAO 101-Chapter 1 Review 2023 Questions and Answers
- Exam (elaborations) • 2 pages • 2023
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- $9.49
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Ad valorem - Answer- Property tax is based on value 
 
Discovery, listing, valuation - Answer- Responsibilities of the assessor 
 
Situs - Answer- Taxable location of personal property 
 
Appraisal - Answer- An estimate of value, usually in writing, of an adequately described property, as of a given date 
 
Tax rate - Answer- Divide the budget by total assessed value 
 
Market value - Answer- Type of value usually estimated by the assessor 
 
Effective tax rate - Answer- The ratio between the cu...
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