Iaao 102 exam - Study guides, Class notes & Summaries

IAAO 102 EXAM ACTUAL EXAM 200+ QUESTIONS AND CORRECT ANSWERS|GRADE A

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...

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 Latest Version Questions and Correct Answers Guaranteed Success

IAAO 102 Exam Questions With Verified Answers. Anticipation - answerValue is created by the expectation of benefits to be derived in the future Substitution - answerthe 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 - answerthe value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be c...

Return of investment aka - CORRECT ANSWER ️ Recapture Rate (or getting back the amount invested) Return on Investment - CORRECT ANSWER ️ Overall Yield Rate (or discount rate; profit realized in addition to getting back the amount invested)

Anticipation - CORRECT ANSWER ️ Value is created by the expectation of benefits to be derived in the future Substitution - CORRECT ANSWER ️ 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.

IAAO 102 EXAM STUDY GUIDE QUESTIONS AND ANSWERS GRADED A+