IAAO Study guides, Class notes & Summaries

IAAO 311 2023 Exam Questions and Answers All Correct Mass appraisal is the systematic appraisal of groups of properties as of a given date using - ANSWER standardized procedures and statistical testing What characteristics does a mass appraisal require? - ANSWER valuation tables, schedules, and models Economic, social, and environmental are termed? - ANSWER market analysis data Off site features and improvement data are termed? - ANSWER property analysis data ...

IAAO Course 300 Exam Questions with All Complete Solutions Scope of Work Rule - ANSWER 1. Identify the problem to be solved 2. Determine and perform the scope of work necessary to develop credible assignment results 3. Disclose the scope of work in the report Scope of work acceptability - ANSWER When it meets or exceeds: 1. Expectations of parties who are regularly intended users for similar assignments and 2. What an Appraiser's peers actions would be in performing the same...

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

QUUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

IAAO 101 - Review Questions The property tax is an ____ __________ tax, meaning it is based on value. - ANSWER ad valorem The assessor is responsible for the _______, ________, and __________ of all taxable property. - ANSWER discovery listing valuation The taxable location of personal property is referred to as its __________. - ANSWER situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. - ANSWER an a...

IAAO 101 - Review Questions The property tax is an ____ __________ tax, meaning it is based on value. - ANSWER ad valorem The assessor is responsible for the _______, ________, and __________ of all taxable property. - ANSWER discovery listing valuation The taxable location of personal property is referred to as its __________. - ANSWER situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. - ANSWER an a...

IAAO 101 - Questions with 100% Correct Answers | Latest Update 2024 | Verified

IAAO 101 - Review Questions with 100% Correct Answers | Latest Update 2024 | Verified

IAAO 500 - Review Questions with 100% Correct Answers | Latest Update 2024 | Verified

In the form of government known as _____________, power is divided between central and regional governments. - ️️Federalism ______________ is the cultural concept related to legal relationships about things that can be possessed. - ️️Property The main difference between taxes and fees is that taxes are (BROAD / NARROW) and (PROVIDE / DO NOT PROVIDE) the tax payer a direct benefit. - ️️Broad Do not provide The U.S. property tax system uses property value as an indicator of (...