Iaao 102 - Study guides, Class notes & Summaries
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IAAO 102 with 100% correct answers
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IAAO 102 with 100% correct answers
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IAAO 102 LATEST EXAM 2025 (Questions With Correct Answers) Guaranteed Pass 100%
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IAAO 102 LATEST EXAM 2025 (Questions 
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IAAO 102 Exam 2024-2026 with Complete Solutions(100Q&A)
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IAAO 102 Exam with Complete 
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IAAO 102 EXAM 2023-2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERSAGRADE
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IAAO 102 EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERSAGRADE
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IAAO 102 EXAM 2024-2026 NEWEST VERSION WITH COMPLETE SOLUTIONS
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IAAO 102 EXAM NEWEST VERSION WITH 
COMPLETE SOLUTIONS
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IAAO 102 EXAM QUESTIONS AND ANSWERS
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List five sources of rental income data: - Answer- 1. Commercial property managers 
2. Tenants of comparable properties 
3. Real estate brokers and sales people 4. Sellers and purchasers of comparable properties 
5. Public records 
 
Another name for market rent is___________rent. - Answer- economic 
 
In addition to sales and leases, _________ and ___________ can be a valid source of market information, if care is exercised. - Answer- offers listings 
 
4. A lease that provides for one or mo...
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IAAO 102 Income with 100% correct answers.
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IAAO 102 Income with 100% correct answers.
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IAAO 102 (All questions with correct answers)
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Capitalization Rate correct answers A rate used for converting property income into property value 
 
Discount Rate correct answers The rate of return on a real estate investment. It reflects the compensation necessary to attract investors to give up liquidity. 
 
Recapture rate correct answers Provides for the return of the investment in the wasting portion of the asset. this is similar to the depreciation rate for the improvment. 
 
Overall /rate correct answers The direct relationship between...
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IAAO 102: Income with 100% correct answers
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Rate times Value 
Income equals 
 
 
 
The basis for the Income Approach 
Anticipation 
 
 
 
Income divided by Value 
Rate equals 
 
 
 
Income divided by Rate 
Value equals 
 
 
 
One of the three approaches to value in which the appraiser derives a value indication by converting anticipated benefits through ownership of income-producing property. 
Income approach 
 
 
 
The economic principle that states that value is created by the expectation of benefits to be derived in the future. 
Antici...
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IAAO 102 EXAM QUESTIONS AND ANSWERS
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Value is created by the expectation of benefits to be derived in the future. - Answer- Anticipation 
 
This is the underlying principle which provides the basis of the income capitalization approach. - Answer- Anticipation 
 
The most probable price a property should bring in a competitive and open market under all conditions requisite to a fair sale. - Answer- Market Value 
 
All investors want a return OF their money - Answer- Recapture rate or getting back amount invested 
 
All investors wan...
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