Iaao 101 exam - Study guides, Class notes & Summaries

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

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iaao 101 Exam Questions And Correct Answers ad valorem - Correct Answer According to Value The basic responsibilities of an Appraiser to all taxable property. - Correct Answer 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Correct Answer Situs The type of value usually estimated by an Appraiser is the - Correct Answer Market Value The effective tax rate reflects the ratio between what - Correct Answer The current tax b...

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=$175,000; assess...

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