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IAAO 101 EXAM QUESTIONS AND ANSWERS 100% PASS 2026/2027

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IAAO 101 EXAM QUESTIONS AND ANSWERS 100% PASS 2026/2027

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IAAO 101 EXAM QUESTIONS AND
ANSWERS 100% PASS 2026/2027




Ownership of a property is the right to - ANS Sell
Lease or rent
Use
Give away
Enter or leave
Refuse to do any of the above


Factors that influence DEMAND - ANS Consumers taste and preference
Consumer income
Price of related commodities
Consumer expectations
The price of the commodity


Factors that influence/effect land value - ANS Physical
Economic
Governmental
Social




2026/2027 ALLRIGHTS RESERVED
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, Basic responsibilities of an appraiser to all taxable - ANS Discovery
Listing
Valuation


Governmental restrictions on property - ANS Taxable
Eminent Doman
Police Power
Escheat


Attributes of land are - ANS Permanent
Unique
Finite supply
Functional
Stationary


Land that had been developed to the extent that it is ready to be built - ANS Site


Sorting data in homogeneous groups with the primary sort being by market area -
ANS Stratification


The order of adjustments in the direct sales comparison method are as follows -
ANS Financing
Market conditions
Location and physical characteristics


Merging of adjacent properties into one common ownership and the unit value does not change
is - ANS Assemblage


Methods of land valuation - ANS Sales comparison

2026/2027 ALLRIGHTS RESERVED
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