Iaao 101 2023 - Study guides, Class notes & Summaries

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...

IAAO Course 101 Review with complete solution 2023/2024

IAAO 101 EXAM QUIZES WITH COMPLETE SOLUTIONS 2023/2024 GRADED A+. 2 / 4 1. The basic responsibilities of the assessor are to all taxable property.: A. List B. Value C. Discover D. All of the Above 2. One of the steps an assessor must take in the discovery of property isto:: conduct periodic on-site inspections of properties 3. The property tax is a/an tax, meaning it is based onvalue.: ad valorem 4. Assume the following characteristics for a single-family residence: Actual value=$1...

IAAO 101 Quiz with complete solution latest 2023/2023

IAAO 101 EXAM WITH COMPLETE SOLUTION LATEST 2023/2024

The property tax is an ____ __________ tax, meaning it is based on value. - Answer- ad valorem The assessor is responsible for the _______, ________, and __________ of all taxable property. - Answer- discovery listing valuation The taxable location of personal property is referred to as its __________. - Answer- situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. - Answer- an appraisal A jurisdiction's...

IAAO Course 101 Workbook: Chapter 1 EXAM WITH COMPLETE SOLUTION 2023/2024

IAAO 101 EXAM WITH COMPLETE SOLUTION 2023/2024

IAAO 101 Chapter 1 Q&A with complete solution 2023/2024

IAAO 101 Q&A WITH CORRECT ANSWERS 2023/2024