Iaao 101 quiz 2 - Study guides, Class notes & Summaries

The basic responsibilities of the assessor are to ___________________ all taxable property - CORRECT ANSWER Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - CORRECT ANSWER Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - CORRECT ANSWER Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - CORRECT ANSWER 0.1330 Actual value...

The basic responsibilities of the assessor are to ___________________ all taxable property - CORRECT ANSWER Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - CORRECT ANSWER Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - CORRECT ANSWER Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - CORRECT ANSWER ...

IAAO 101 QUIZ 2

The basic responsibilities of the assessor are to ___________________ all taxable property - Answer- Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - Answer- Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - Answer- Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - Answer- 0.1330 Actual value = $175,000; assessment leve...

The basic responsibilities of the assessor are to ___________________ all taxable property - CORRECT ANSWER Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - CORRECT ANSWER Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - CORRECT ANSWER Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - CORRECT ANSWER 0.1330 Actual value...

IAAO 101 Quiz| questions with complete answers 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 on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be 0.1330 Actual value...

IAAO 101 QUIZ |latest updated ,100% correct answers THE BASIC RESPONSIBLITIES OF THE ASSESSOR ARE TO ________________________________ALL TAXABLE PROPERTY LIST VALUE DISCOVER ONE OF THE STEPS AN ASSESSOR MUST TAKE IN THE DISCOVERY OF PROPERTY IS PERIODIC ON-SITE INSPECTIONS A PROPERTY TAX IS A/AN ____________________________TAX, MEANING IT IS BASED ON VALUE AD VALOREM ASSUME THE FOLLOWING CHARACTERISTICS FOR A SINGLE FAMILY RESIDENCE: ACTUAL VALUE = $175,000 ASSESSMEN...

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