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IAAO COURSE 102 FULL PACKAGE DEAL WITH COMPLETE SOLUTIONS

IAAO COURSE 102 FULL PACKAGE DEAL WITH COMPLETE SOLUTIONS

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IAAO Course 102- Review with Complete Solutions

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IAAO Course 102- Review with Complete Solutions Anticipation - ANSThe economic principle of _______ states that value is created by the expectation of benefits to be derived in the future. Substitution - ANSThe economic principle of _________ states that a property's maximum value tends to be ...

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IAAO Course 102- Review 2023 with Complete Solutions

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IAAO Course 102- Review 2023 with Complete Solutions The Economic Principle of Anticipation - ANSstates that value is created by the expectation of benefits to be derived in the future. Chattel - ANSA mortgage on personal property. Balloon payment - ANSA payment on the balance due of a note at ...

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IAAO Course 102- Chapter 2 Review with Complete Solutions

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IAAO Course 102- Chapter 2 Review with Complete Solutions Sales and Offers - ANSIn addition to sales and leases, ____________ and _______________ can be be valid sources of market information, if care is exercised. 5 Sources of Rental income Data - ANS1. Commercial Property Managers 2. Tenant...

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IAAO Course 102- Chapter 1 Review with Complete Solutions

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IAAO Course 102- Chapter 1 Review with Complete Solutions Income Approach - ANSOne of the three approaches to value in which the appraiser derives a value indication by converting ANTICIPATED benefits through ownership of income producing property. As an investor analyzes various opportunities...

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IAAO Course 102- Review with Complete Solutions

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IAAO Course 102- Review with Complete Solutions Components of Capitalization Process - ANSValue, Net Operating Income, and Capitalization Rate The underlying economic principle of 3 approaches to value - ANSsubstitution Market Value is also known as - ANSvalue in exchange Most probable price t...

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IAAO Course 102- Review with Complete Solutions

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IAAO Course 102- Review with Complete Solutions Surplus Produtivity -ANS Allows us to capitalize land income into an indication of value Return ON -ANS Overall Yield or Discount Return OF -ANS Wasting Asset or Recapture Leverage -ANS The borrowing of funds in hopes of earning a greater return ...

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IAAO Course 102- Review with Complete Solutions

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IAAO Course 102- Review with Complete Solutions List five sources of rental income data: - ANS1. Commercial property managers 2. Tenants of comparable properties 3. Real estate brokers and sales people 4. Sellers and purchasers of comparable properties 5. Public records Another name for mark...

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IAAO Course 102- Review with Complete Solutions

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IAAO Course 102- Review with Complete Solutions Anticipation Definition - ANSValue created by ghe expectationof benefits to be derived in the future Leverage Definition - ANSBorrowing of funds in hopes of earning a greater return than the cost of the borrowed funds- positive / negative / neutra...

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IAAO Course 102- Review with Complete Solutions (VERIFIED BY EXPERT)

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IAAO Course 102- Review with Complete Solutions (VERIFIED BY EXPERT) the underlying principle providing the basis of the income capitalization approach is? - ANSanticipation Capitalization is the process used to: - ANSconvert income into an estimate of value the basic equation used in the inc...

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