Iaao 101 - Study guides, Class notes & Summaries

IAAO 101 – QUESTIONS WITH COMPLETE ANSWERS

IAAO 101 Practice Tests – Questions & Answers

IAAO 101 Quiz Exam | Questions with 100% Correct Answers | Verified | Updated 2024

IAAO 101 - Review Exam | Questions with 100% Correct Answers | Verified | Updated 2024

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,...

iaao 101 with 100% correct answers

iaao 101 with 100% correct answers

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 Appraiser is the Market Value The effective tax rate reflects the ratio between what The current tax bill and the property value Assessment level times the tax rate equals The effective tax rate ______...

IAAO 101 - Quizzes with 100% correct answers.

IAAO 101 - Review Questions and Answers 2023 with complete solution 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 personal property is referred to as its __________. situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. an a...