Exam (elaborations)

iaao 201 question and answers

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iaao 201 question and answersiaao 201 question and answersiaao 201 question and answersiaao 201 question and answersiaao 201 question and answers

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IAAO -COURSE 201

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IAAO -COURSE 201

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iaao 201 question and answers

as bthough bvacant bformula bfor breturn brate b- bAnswer b- bcost bto bconstruct b+ bland b= btotal bcost b-
bMV b= bprofit b÷ bcost b= breturn

characteristics bof bParcel bidentification bsystems b- bAnswer b- buniqueness

permanent

simplicity

ease bof bmaintenance

flexibility

reference bto blocation

section b= bacres? b- bAnswer b- b640 bacres

acre b= bsquare bft? b- bAnswer b- b43560

due bto bthe bcurvature bof bhe bearth bsections bin b__________of ba btownship bare bless bthen b1 bsq
bmile. b- bAnswer b- bn b& bw

fractional b/ bgovernment blots b- bAnswer b- blots bare bquarter-quarter bsections bwith bmore bor bless
bthen ba bfull b40 bacres

lots b& bblocks b- bAnswer b- bare bthe bsmallest bland bdescriptions bused bin bpopulated bareas

criteria bfor bhighest b& bbest buse b- bAnswer b- blegally bpermissable

physically bpossible

financially bfeasible

maximally bproductive

, principle bof bbalance b- bAnswer b- bwhen bthe b4 bagents bof bproduction bare bporportionate

principle bof bsubstitution b- bAnswer b- bMV bis bdetermined bby bthe bcost bif bbuying ba bequally
bdesirable b& bvaluable bproperty

improvements bTO bland b- bAnswer b- bon bsite bimprovements, bhard bscaping, bpaving, bgrading,
blandscaping bsewers butility bhook bups

fundamental bbasis bof bland bvalue b- bAnswer b- bas bthough bvacant

personal binterview b- bAnswer b- bmost beffective bway bto bobtain bsales bverification b& bcan bbe
bclarified bimmediately

plottage b- bAnswer b- bCombining btwo bor bmore bparcels bof bland bwith ba bresulting bincrease bin btotal
bvalue. bhigher bvalue bbecause bthey bwere bcombined

legally bpermissible bexamples b- bAnswer b- bdeed brestrictions

zoning

building bcodes

subdivision bregulations

environmental blaws

Physical battributes bunder bphysically bpossible b- bAnswer b- bsize, bshape, bfrontage, bdepth, barea,
bterrain, bsoil btopography

Assemblage b- bAnswer b- bBringing btwo bor bmore blots btogether bunder bone bownership. bdoes bnot
bchange bvalue

principle bof bprogression b- bAnswer b- binferior bproperty bgains bvalue bbecause bof bit's bassociation
bwith bhigher bvalued bproperty

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iaao 201

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