Iaao 101 2023 Guides d'étude, Notes de cours & Résumés
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IAAO 101 - Review Questions and verified answers latest 2023/2024 complete solution
- Examen • 11 pages • 2023
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IAAO 101 - Review Questions and verified answers latest 2023/2024 complete solution
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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 COURSE 101 - (Fundamentals of Real Property Appraisal) Exams PACKAGE DEAL | BUNDLE contains Exam Questions and verified answers as well as a complete study guide | Latest 2023/2024
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IAAO COURSE 101 - (Fundamentals of Real Property Appraisal) Exams PACKAGE DEAL | BUNDLE contains Exam Questions and verified answers as well as a complete study guide | Latest 2023/2024
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IAAO 101 Quiz with complete solutions- Latest 2023/2024
- Examen • 5 pages • 2023
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IAAO 101 Quiz with complete solutions- Latest 2023/2024 
The basic responsibilities of the assessor are to _________ all taxable property. - A. 
List 
B. Value 
C. Discover 
D. All of the Above 
One of the steps an assessor must take in the discovery of property is to: - conduct 
periodic on-site inspections of properties 
The property tax is a/an _________________ tax, meaning it is based on value. - ad 
valorem 
Assume the following characteristics for a single-family residence: 
Actual value...
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IAAO 101 - Review Questions and Answers 2023 with complete solution
- Examen • 9 pages • 2023
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IAAO 101 - Review Questions and Answers 2023 with complete solution 
 
The property tax is an ____ __________ tax, meaning it is based on value. 
ad valorem 
The assessor is responsible for the _______, ________, and __________ of all taxable property. 
discovery 
listing 
valuation 
The taxable location of personal property is referred to as its __________. 
situs 
An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. 
an a...
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IAAO 101 2023 Test Questions with Complete Solutions
- Examen • 6 pages • 2023
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IAAO 101 2023 Test Questions with Complete Solutions 
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 
 
Assessm...
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IAAO 101 2023 Quizzes with Complete Solutions
- Examen • 5 pages • 2023
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IAAO 101 2023 Quizzes with Complete Solutions 
The basic responsibilities of the assessor are to _________ all taxable property. - ANSWER A. List 
B. Value 
C. Discover 
 
D. All of the Above 
 
One of the steps an assessor must take in the discovery of property is to: - ANSWER conduct periodic on-site inspections of properties 
 
The property tax is a/an _________________ tax, meaning it is based on value. - ANSWER ad valorem 
 
Assume the following characteristics for a s...
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IAAO 101 2023Course Exam Review with Complete Solutions
- Examen • 9 pages • 2023
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Tax Rate (def.) - ANSWER-Percent of assessed value at which each property is taxed in a given district. 
 
Tax Rate (formula) - ANSWER-Tax revenue (amount) / Assessed value 
 
Property Tax (formula) - ANSWER-Subject assessed value / Tax rate 
 
Budget Revenue (formula) - ANSWER-Total budget - Other taxes 
 
Effective Tax Rate (def.) - ANSWER-Reflects the relationship between total property taxes on real property and the property's market value. 
 
Effective Tax Rate (formula) - ANSWER-Assessmen...
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IAAO 101 2023 Questions and Answers Solved 100%
- Examen • 7 pages • 2023
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Ownership of a property is the right to - ANSWER-Sell 
Lease or rent 
Use 
Give away 
Enter or leave 
Refuse to do any of the above 
 
Factors that influence DEMAND - ANSWER-Consumers taste and preference 
Consumer income 
Price of related commodities 
Consumer expectations 
The price of the commodity 
 
Factors that influence/effect land value - ANSWER-Physical 
Economic 
Governmental 
Social 
 
Basic responsibilities of an appraiser to all taxable - ANSWER-Discovery 
 Listing 
 Valuation 
 
G...
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IAAO 101 Exam 2023 	Questions and Answers
- Examen • 5 pages • 2023
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Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) 
-Capitalization of income method 
 
Financing - Answer- The first adjustment in the sales comparison approach is 
 
Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. 
 
-Consumer tastes/preferences 
-Consumer income 
-Price of related commodities 
-Consumer ...
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