10/2/24, 7:50 AM IAAO 102 EXAM 2024-2025 ACTUAL EXAM/ MOSTLY TESTED QUESTIONS AND CORRECT DETAILED ANSWERS| 100% …
IAAO 102 EXAM 2024-2025 ACTUAL EXAM/
MOSTLY TESTED QUESTIONS AND CORRECT
DETAILED ANSWERS| 100% CORRECT
SOLUTIONS/GRADE A+
Practice questions for this set
Learn 2 /7 Study with Learn
Value = Income x Factor
Income = Value \ Factor
Factor = Value \ Income
Choose matching term
What is also known as the discount
All investors want a return OF their
1 2 rate, reflects the return on
investment.
investment?
What are the five common unity's
3 VIF 4 of comparison when comparing
rental properties?
Don't know?
Terms in this set (97)
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, 10/2/24, 7:50 AM IAAO 102 EXAM 2024-2025 ACTUAL EXAM/ MOSTLY TESTED QUESTIONS AND CORRECT DETAILED ANSWERS| 100% …
Value is created by the Anticipation
expectation of benefits to
be derived in the future.
The prices, rents, and rates Substitution
of return of property tend
to be set by the current
prices, rents, and rates of
return for equally desirable
substitute properties.
The most profitable price Market Value
which a property should
bring in a competitive and
open market under all
conditions requisite to a
fair sale, the buyer and
seller each acting
prudently and
knowledgeably, and
assuming the price is not
affected by undue
stimulus.
The worth of an investment Investment value
property to a particular
investor. Investment value
may or may not coincide
with market value
depending on the
requirements of the
specific investor.
1. All investors want a Overall yield or Discount rate
return ON their investment
All investors want a return Recapture rate
OF their investment.
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