Cadastral map - Study guides, Class notes & Summaries

MAPPING CERTIFICATION EXAM QUESTIONS WITH MARKING SCHEME ATTRIBUTE - ANSWER- A TRAIT, QUALITY OR PROPERTY DESCRIDING A GEOGRAPHICAL FEATURE. A FACT DESCRIBING AN ENTITY IN A RELATIONAL DATA MODEL, EQUIVALENT TO THE COLUMN IN A RELATIONAL TABLE ANNOTATION - ANSWER- THE ALPHANUMERIC TEXT OR LABELS ON A MAP SUCH AS A STREET OR PLACE NAME AZIMUTH - ANSWER- THE HORIZONTAL DIRECTION OF A VECTOR, MEASURED CLOCKWISE IN DEGREES OF ROTATION FROM THE POSITIVE Y -AXIS, FOR EXAMPLE, A DEGREES ON A...

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 ...

Discover List Value taxable property - Answer- Basic appraiser responsibilities Standard 6: Scope of Work - Answer- USPAP standard for appraisal practice ad valorem tax - Answer- Property tax based on value Tax Rate (formula) - Answer- Budget (minus other revenue) / Assessed Value of Jurisdiction Tax Bill (formula) - Answer- Tax Rate x Ind. Property Assessed Value Assessed Value (AV) formula - Answer- Assessment Ratio (AR) x Market Value (MV) Property Tax Revenue (formula) - ...

IAAO 101 Questions and Answers 100% Pass 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 _________...

ad volorem - Answer- according to value 3 Responsibilities of an assessor - Answer- Discover List Value Important tools in the discover of property - Answer- Adequate mapping system Recorded information Periodic on-site inspection Different class identifications - Answer- Real Personal Exempt Utility Important elements in the listing of property - Answer- Legal description Street address Parcel identifier Property class Property use Property situs Physical attributes ...

4 factors affecting land values - Answer- Physical (Environmental), Economic, Governmental, Social The Principle of _____ states that returns to land are what remains after returns to labor, management, and capital are satisfied. - Answer- Surplus productivity The 6 methods of land valuation - Answer- Direct sales comparison, Allocation, Abstraction, Anticipated use or development, Capitalization of ground rent, Land residual technique A complete set of ____ maps showing boundaries, par...

IAAO 101-Ch 2 Review, questions and answers scored A+ 4 factors affecting land values Physical (Environmental), Economic, Governmental, Social The Principle of _____ states that returns to land are what remains after returns to labor, management, and capital are satisfied. Surplus productivity The 6 methods of land valuation Direct sales comparison, Allocation, Abstraction, Anticipated use or development, Capitalization of ground rent, Land residual technique A complete ...

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 - ANSWER-Discovery Listing Valuation G...

FUNDAMENTALS OF SURVEYING The art of determining the relative positions of different objects on the surface and below the surface of the earth by measuring the horizontal and vertical distances between them and by preparing a map to any suitable scale. - Answer- surveying The aim of surveying is to prepare a ____________ to show the relative positions of the objects on the surface of the earth. - Answer- plan or map The art of determining the relative vertical distances of different poi...

iaao 101 questions and answers |all correct 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...