Iaao 102 - Study guides, Class notes & Summaries

IAAO 102 Exam Questions With Correct Answers Components of Capitalization Process - answerValue, Net Operating Income, and Capitalization Rate The underlying economic principle of 3 approaches to value - answersubstitution Market Value is also known as - answervalue in exchange Most probable price the property will sell for in an arm's-length transaction under normal conditions on the open market - answermarket value Higher Cap Rate - answerMeans Higher Risk and Lower Overall Value Low...

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...

IAAO 102 EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERSAGRADE

IAAO 102 Formulas with 100% correct answers.

Components of Capitalization Process - ANSWER-Value, Net Operating Income, and Capitalization Rate The underlying economic principle of 3 approaches to value - ANSWER-substitution Market Value is also known as - ANSWER-value in exchange Most probable price the property will sell for in an arm's-length transaction under normal conditions on the open market - ANSWER-market value Higher Cap Rate - ANSWER-Means Higher Risk and Lower Overall Value Lower Cap Rate - ANSWER-Means Lower Rise and H...

IAAO 102 EXAM 2024 NEWEST 2 VERSIONS FROM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT) |ALREADY GRADED A+

Income & Expense Statement Gross Income/PGI - Vacancy & collection losses + Misc income ______________________ EGI - Allowed expenses ______________________ NOI Recapture Rate 1/REL (remaining economic life) Building & Land Rate Discount + ETR + Recapture = Building (Imp) rate Discount + ETR = Land rate Overall Rate (OAR or Ro) 1. NOI + sale price 2. Mortg % x mortg rate + equity % x equity rate 3. DCR x M x Rm 4. NIR/EGIM 5. land % x land rate + imp % x im...

IAAO 102 EXAM NEWEST VERSION WITH COMPLETE SOLUTIONS

Components of the capitalization process are ________, net operating income, and capitalization rate. - CORRECT ANSWER ️ Value Components of the capitalization process are value, ________, and capitalization rate. - CORRECT ANSWER ️ Net Operating Income Components of the capitalization process are value, net operating income, and ________. - CORRECT ANSWER ️ Capitalization Rate

IAAO 102 Exam 2024/2025 with Complete Solutions Anticipation - -Value is created by the expectation of benefits to be derived in the future Substitution - -the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution - -the