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IAAO 201 - CHAPTER 6 REVIEW QUESTIONS WITH CORRECT ANSWERS 2025/2026

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IAAO 201 - CHAPTER 6 REVIEW QUESTIONS WITH CORRECT ANSWERS 2025/2026

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IAAO 201
Course
IAAO 201

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IAAO 201 - CHAPTER 6 REVIEW
QUESTIONS WITH CORRECT ANSWERS
2025/2026
Sorting data on sold parcels into groups containing similar characteristics is called: - CORRECT
ANSWER -Stratification



List the five units of comparison: - CORRECT ANSWER -front foot

square foot

acre

site or land

Buildable units



The assessor first stratifies by market or economic area, and then by zoning or use type. Next
the assessor determines the typical value per unit for each category of land. - CORRECT
ANSWER -True



The _________________________ method is best applied to areas where parcels vary in size,
but have other characteristics in common. - CORRECT ANSWER -comparative unit



_______, ________ and _______ are the major factors causing variations in site values. -
CORRECT ANSWER -Size

view

traffic



The 4-3-2-1 is a depth table rule for valuing parcel depths that states: The front _____% of a lot
is worth _____% of the value of the entire lot, and the last _____% of a lot is worth _____% of
the value of the entire lot. - CORRECT ANSWER -25

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