IAAO 102 INCOME QUIZ 1 AND 2
QUESTIONS AND ANSWERS
capitalization is the process to: - ans-convert income into an estimation of value
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A loan secured by featuring an intrest rate that is constant for the term of the loan is reffere
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
d to as a (an): - ans-fixed-rate mortgage
sw sw sw sw sw sw sw
the underlying principle providing the basis of the income capitalization approach is : -
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ans-anticipation
sw
the basis equation used in the income approach to value is: - ans-
sw sw sw sw sw sw sw sw sw sw sw sw
income divided by rate equals value sw sw sw sw sw
a gross lease requires that in addition to the rent, the tenant must pay: - ans-
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
only lease no other expenses
sw sw sw sw
when market rent exceeds contract rent the diffrence is known as : - ans-deficit rent
sw sw sw sw sw sw sw sw sw sw sw sw sw sw
the rental income that a property would most probably command in the open market is call
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
ed: - ans-market rent
sw sw sw
the anticipation income from all operations of the property adjusted for vacancy and collec
sw sw sw sw sw sw sw sw sw sw sw sw sw
tion loss, and miscellaneous income is called: - ans-effective gross income
sw sw sw sw sw sw sw sw sw sw
the lease based rent less rent concessions is called: - ans-effective rent
sw sw sw sw sw sw sw sw sw sw sw
the rate that is the percentage that annual real estate taxes are in relation to the property's
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
totals value is : - ans-effective tax rate
sw sw sw sw sw sw sw
the ratio of net operating income to effective gross income is called - ans-net income ratio
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
the mortgage capitalization rate (Rm) is the ratio between the payments of principle and in
sw sw sw sw sw sw sw sw sw sw sw sw sw sw
trest on a mortgage to the original amount borrowed and is expressed - ans-annually
sw sw sw sw sw sw sw sw sw sw sw sw sw
how do you calculate GIM? - ans-sale price / Annual gross income
sw sw sw sw sw sw sw sw sw sw sw
QUESTIONS AND ANSWERS
capitalization is the process to: - ans-convert income into an estimation of value
sw sw sw sw sw sw sw sw sw sw sw sw
A loan secured by featuring an intrest rate that is constant for the term of the loan is reffere
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
d to as a (an): - ans-fixed-rate mortgage
sw sw sw sw sw sw sw
the underlying principle providing the basis of the income capitalization approach is : -
sw sw sw sw sw sw sw sw sw sw sw sw sw
ans-anticipation
sw
the basis equation used in the income approach to value is: - ans-
sw sw sw sw sw sw sw sw sw sw sw sw
income divided by rate equals value sw sw sw sw sw
a gross lease requires that in addition to the rent, the tenant must pay: - ans-
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
only lease no other expenses
sw sw sw sw
when market rent exceeds contract rent the diffrence is known as : - ans-deficit rent
sw sw sw sw sw sw sw sw sw sw sw sw sw sw
the rental income that a property would most probably command in the open market is call
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
ed: - ans-market rent
sw sw sw
the anticipation income from all operations of the property adjusted for vacancy and collec
sw sw sw sw sw sw sw sw sw sw sw sw sw
tion loss, and miscellaneous income is called: - ans-effective gross income
sw sw sw sw sw sw sw sw sw sw
the lease based rent less rent concessions is called: - ans-effective rent
sw sw sw sw sw sw sw sw sw sw sw
the rate that is the percentage that annual real estate taxes are in relation to the property's
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
totals value is : - ans-effective tax rate
sw sw sw sw sw sw sw
the ratio of net operating income to effective gross income is called - ans-net income ratio
sw sw sw sw sw sw sw sw sw sw sw sw sw sw sw
the mortgage capitalization rate (Rm) is the ratio between the payments of principle and in
sw sw sw sw sw sw sw sw sw sw sw sw sw sw
trest on a mortgage to the original amount borrowed and is expressed - ans-annually
sw sw sw sw sw sw sw sw sw sw sw sw sw
how do you calculate GIM? - ans-sale price / Annual gross income
sw sw sw sw sw sw sw sw sw sw sw
