Iaao 201 - Study guides, Class notes & Summaries

IAAO 201 - QUIZ 1 - NO MATH QUESTIONS

IAAO 201 EXAM WITH QUESTIONS AND CORRECT ANSWERS GRADE A 2024

IAAO 201 Questions and Answers with Verified Solutions 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 Unique Finite Supply Functional Stationary Four Value Characteristics of Land "DUST" Demand Utility Scarcity Transferability

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 Unique Finite Supply Functional Stationary Four Value Characteristics of Land - ️️"DUST" Demand Utility Scarcity Transferability Raw Land - ️️is in its natural state, prior to grading, construction, and subdi...

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 Unique Finite Supply Functional Stationary Four Value Characteristics of Land "DUST" Demand Utility Scarcity Transferability

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

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 Unique Finite Supply Functional Stationary Four Value Characteristics of Land - "DUST" Demand Utility Scarcity Transferability Raw Land - is in its natural state, prior to grading, construction, and subdividing. It is UNDEVELOPE...

5 Attributes of land - Permanent Unique Finite Supply Functional Stationary 4 Land Value Determinants - Demand Utility Scarcity Transferability Owning all 6 Bundle of Rights means - You own fee simple absolute ownership 6 Bundle of Rights - Sell Lease Use Give away Enter or leave Refuse to do any of these Governmental Restrictions on Property - Police power Eminent domain Taxes Escheat 4 Agents of Production - Land, Labor, Capital, Management Principle of Anticip...

IAAO 201 Questions and Answers with Verified Solutions 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 Unique Finite Supply Functional Stationary Four Value Characteristics of Land "DUST" Demand Utility Scarcity Transferability Raw Land is in its natural state, prior to grading, construction, a...

Which of the following is NOT a unit of comparison for vacant land? - Buildable units Acres Square foot Cubic yard The return to the investor for taking the investment risk on a development is: - Entrepreneurial Profit When parcels are combined to create a unit value that is greater than the total value of the individual parcels before being combined is: - Plottage What unit of comparison is typically used for commercial retail properties? - Front Foot If residential lots in a s...