Iaao 101 exam - Study guides, Class notes & Summaries

IAAO 101 EXAM TEST WITH VERIFIED ANSWERS 1. ad valorem According to Value 2. The basic responsi- bilities of an Apprais- er to all taxable prop- erty. 3. The taxable location of personal property is referred to as its' 4. The type of value usually estimated by an Appraiser is the 1. Discovery 2. Listing 3. Valuation Situs Market Valu

IAAO 101 EXAM NEWST VERSION QUESTIONS WITH CORRECT ANSWERS100% CORRECT

The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Answer- Situs The type of value usually estimated by an Appraiser is the - Answer- Market Value The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value Assessment level times the tax rate equals - Answer- The effective tax rate _________ divided by the ass...

The basic responsibilities of the assessor are to _________ all taxable property. Correct Answer 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: 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 Assume the following characteristics for a single-family residence: Actual value=$175,000; a...

IAAO 101 exam with complete solution 2023/2024

iaao 101 exam with complete solution 2023/2024

IAAO 101 EXAM STUDYGUIDE ...

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...