Iaao 101 exam questions Study guides, Class notes & Summaries

Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...

ad valorem - answer-According to Value 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 times the tax...

IAAO 101 Exam Questions And Answers

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

IAAO 101 Exam Questions With Verified Answers The basic responsibilities of the assessor are to _________ all taxable property. Answer: A. List B. Value C. Discover D. All of the Above One of the steps an assessor must take in the discovery of property is to: Answer: conduct periodic on-site inspections of properties The property tax is a/an _________________ tax, meaning it is based on value. Answer: ad valorem Assume the following characteristics for a single-family residen...

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...

ad valorem - Answer- According to Value 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

Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...

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

IAAO 101 Exam Questions and Correct Answers 2024 Ownership of a property is the right to - Answer -Sell Lease or rent Use Give away Enter or leave Refuse to do any of the above Factors that influence DEMAND - Answer -Consumers taste and preference Consumer income Price of related commodities Consumer expectations The price of the commodity Factors that influence/effect land value - Answer -Physical Economic Governmental Social Basic responsibilities of an appraiser to all taxable...