BUNDLE::- IAAO EXAMS WITH COMPLETE SOLUTIONS

IAAO 201; Questions & Answers 100 Solved Land An immovable and indestructible three-dimensional area consisting of a portion of the earth's surface, the space above and below the surface, and everything growing on or permanently affixed to it. Five Attributes of Land "PUFFS" Permanent U...

IAAO 300; Questions & Answers 100 Solved 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 ...

IAAO 400 - Review; Questions & Answers 100 Solved A property assessment system organizes resources to carry out the primary assessment responsibilities of _______, _________, and __________ properties, in accordance with property tax laws and regulations. discovery listing valuing Standa...

IAAO 101; Questions & Answers 100 Solved 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 pro...

IAAO 101 - Review; Questions & Answers 100 Solved 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 person...

IAAO 101; Questions & Answers 100 Solved ad valorem According to Value The basic responsibilities of an Appraiser to all taxable property. 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' Situs The type of value usually estimated by an Appr...

IAAO 101; Questions & Answers 100 Solved The basic responsibilities of the assessor are to ___________________ all taxable property Discover, List, and Value One of the steps an assessor must take in the discovery of property is to Conduct periodic onsite inspections of properties The prope...

IAAO Course 300; Questions & Answers 100 Solved Mass appraisal Systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing. Purpose of mass appraisal Equitable and efficient appraisal of all property in a jurisdiction for ad valorem...

IAAO COURSE 400; Questions & Answers 100 Solved PLANNING OF THE BASIC MANAGERIAL FUNCTIONS ___________REQUIRES THE IDENTIFICATION OF GOALS AND VARIOUS WAYS OF ACHIEVING THEM. IT ALSO PROVIDES THE BASIS FOR THE OTHER MANAGERIAL FUNCTIONS. THE ASSESSOR'S WEBSITE CAN BE USED TO -SHOW APPRAISAL I...

IAAO Course 402: Chapters 1-7; Questions & Answers 100 Solved In the form of government known as _____________, power is divided between central and regional governments. Federalism ______________ is the cultural concept related to legal relationships about things that can be possessed. Pro...

IAAO Workshop 852 AAS Case Study; Questions & Answers 100 Solved Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed funds list, value, discover The basic responsibilities of the assessor for all taxable property. Conduct periodic on-site insp...

IAAO 500 - Review; Questions & Answers 100 Solved What are the five recognized appraisal designations offered by the IAAO that represent the highest level of achievement in the field? CAE AAS CMS PPS RES Short of a general revaluation of all property,

IAAO Course 101 Review; Questions & Answers 100 Solved Tax Rate (def.) Percent of assessed value at which each property is taxed in a given district. Tax Rate (formula) Tax revenue (amount) / Assessed value Property Tax (formula) Subject assessed value / Tax rate Budget Revenue (formula) Tota...