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IAAO COURSE 102 FULL PACKAGE DEAL WITH COMPLETE SOLUTIONS
IAAO COURSE 102 FULL PACKAGE DEAL WITH COMPLETE SOLUTIONS
[Show more]IAAO COURSE 102 FULL PACKAGE DEAL WITH COMPLETE SOLUTIONS
[Show more]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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Add to cartIAAO 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 ...
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 ...
Preview 2 out of 5 pages
Add to cartIAAO 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 ...
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...
Preview 1 out of 3 pages
Add to cartIAAO 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...
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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Add to cartIAAO 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...
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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Add to cartIAAO 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...
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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Add to cartIAAO 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 ...
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...
Preview 2 out of 6 pages
Add to cartIAAO 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...
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...
Preview 2 out of 5 pages
Add to cartIAAO 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...
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...
Preview 2 out of 5 pages
Add to cartIAAO 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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