Iaao 101 - Study guides, Class notes & Summaries

IAAO 101 - Quizzes with 100% correct answers.

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 ...

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IAAO 101 - QUIZZES QUESTIONS AND ANSWERS 2024

IAAO 101 - Quizzes with 100% correct answers.

IAAO 101 Exam Questions with All Complete Solutions 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 Assessme...

IAAO 101 - Review Questions with Verified Answers Graded A+ 1. ad valorem 2. discovery listing valuation 3. situs 4. an appraisal 5. budget assessed valuation 6. market 7. effective tax rate 8. utility scarcity The property tax is an tax, meaning it is based on value. The assessor is responsible for the , , and of all taxable prop- erty. The taxable location of personal property is re- ferred to as its . An estimat

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

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