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IAAO 102 FINAL EXAM SCRIPT 2026 COMPLETE QUESTIONS AND CORRECT ANSWERS GRADED A+

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IAAO 102 FINAL EXAM SCRIPT 2026 COMPLETE QUESTIONS AND CORRECT ANSWERS GRADED A+

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IAAO 102
Course
IAAO 102

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IAAO 102 FINAL EXAM SCRIPT 2026
COMPLETE QUESTIONS AND CORRECT
ANSWERS GRADED A+

●● A loan secured by featuring an intrest rate that is constant for the
term of the loan is reffered to as a (an):
Answer: fixed-rate mortgage


●● the underlying principle providing the basis of the income
capitalization approach is :
Answer: anticipation


●● the basis equation used in the income approach to value is:
Answer: income divided by rate equals value


●● a gross lease requires that in addition to the rent, the tenant must pay:
Answer: only lease no other expenses


●● when market rent exceeds contract rent the diffrence is known as :
Answer: deficit rent
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