Iaao Study guides, Class notes & Summaries
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IAAO 102 EXAM QUESTIONS AND ANSWERS
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Capitalization Rate - Answer- A rate used for converting property income into property value 
 
Discount Rate - Answer- The rate of return on a real estate investment. It reflects the compensation necessary to attract investors to give up liquidity. 
 
Recapture rate - Answer- Provides for the return of the investment in the wasting portion of the asset. this is similar to the depreciation rate for the improvment. 
 
Overall /rate - Answer- The direct relationship between annual net income and s...
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IAAO 102 EXAM 2023-2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE
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IAAO 102 EXAM 2023-2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE
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IAAO 101 Exam Bundle (Graded A)
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IAAO 101 - Review Questions and Answers 2023
IAAO 101 – Quizzes Questions and Answers 2023
iaao 101 Exam Questions with correct Answers
IAAO 101 Exam 2023 Questions and Answers
IAAO Course 101 Review 2023 Questions with Verified Answers
IAAO 101 Quiz 2023 with complete solutions
IAAO Course 101 Questions and Answers
IAAO 101 CHAPTER 1: Assessment &
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IAAO 300: Complete Course Review Questions and Answers 100% Pass
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IAAO 300: Complete Course Review Questions and Answers 100% Pass What is the main difference between single property appraisal and mass appraisal? 1. Group vs Particular 2. Mass Appraisal emphasizes standardized and statistical quality control features 
In the Appraisal Process, "Define the valuation problem" does not include which of the following: 
a. Define the Value to be developed 
b. Identify limiting conditions or limitations 
c. Date of the value 
d. Competitive properties 
e. Identify...
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IAAO 300 COMPLETE COURSE REVIEW LATEST 20232024 EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+
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IAAO 300 COMPLETE COURSE REVIEW LATEST EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+
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IAAO 311 Review Questions and Answers 100% Pass
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IAAO 311 Review Questions and Answers 100% Pass What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value 
What is the first step in the mass appraisal process? definition of the problem 
List the three types of data that must be collected in analyzing the market. General data Specific data Comparative data 
Identifying supply and demand factors that best explain values in a specific market, and expressing them in an equation is called _______________...
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IAAO 311 2023 Exam Questions and Answers All Correct
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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 
...
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IAAO Course 300 Exam Questions with All Complete Solutions
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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 sam...
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iaao 101 Exam Questions with correct Answers
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ad valorem - Answer- According to Value 
 
The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 
2. Listing 
3. Valuation 
 
The taxable location of personal property is referred to as its' - Answer- Situs 
 
The type of value usually estimated by an Appraiser is the - Answer- Market Value 
 
The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value 
 
Assessment level times the tax rate equals - Answer- Th...
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IAAO 102 Quiz 2
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A gross income multiplier (GIM), as used in a commercial appraisal, is obtained by dividing the ____________________________. 
 
A. sale price by annual gross income 
B. sale price by monthly gross income 
C. overall capitalization rate by the sale price 
D. annual gross income by the sale price - Answer- A gross income multiplier (GIM), as used in a commercial appraisal, is obtained by dividing the ____________________________. 
 
A. sale price by annual gross income 
B. sale price by monthly g...
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