Iaao 101 - Study guides, Class notes & Summaries

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IAAO 101 - Review Questions and verified answers latest 2023/2024 complete solution Popular
  • IAAO 101 - Review Questions and verified answers latest 2023/2024 complete solution

  • Exam (elaborations) • 11 pages • 2023
  • IAAO 101 - Review Questions and verified answers latest 2023/2024 complete solution
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iaao 101 Exam Questions with correct Answers
  • iaao 101 Exam Questions with correct Answers

  • Exam (elaborations) • 5 pages • 2023
  • ad valorem - Answer- According to Value 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- Th...
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IAAO 101 Exam 2023 	Questions and Answers
  • IAAO 101 Exam 2023 Questions and Answers

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  • Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...
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IAAO 101 Quiz with complete solutions- Latest 2023/2024
  • IAAO 101 Quiz with complete solutions- Latest 2023/2024

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  • IAAO 101 Quiz with complete solutions- Latest 2023/2024 The basic responsibilities of the assessor are to _________ all taxable property. - 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: - conduct periodic on-site inspections of properties The 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...
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IAAO 101 – Quizzes/50 Questions and Answers
  • IAAO 101 – Quizzes/50 Questions and Answers

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  • IAAO 101 – Quizzes/50 Questions and Answers
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IAAO 101 - Review Questions and Answers 2023
  • IAAO 101 - Review Questions and Answers 2023

  • Exam (elaborations) • 10 pages • 2023
  • The property tax is an ____ __________ tax, meaning it is based on value. - Answer- ad valorem The assessor is responsible for the _______, ________, and __________ of all taxable property. - Answer- discovery listing valuation The taxable location of personal property is referred to as its __________. - Answer- situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. - Answer- an appraisal A jurisdiction's...
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IAAO 101 Quiz| questions with complete answers
  • IAAO 101 Quiz| questions with complete answers

  • Exam (elaborations) • 11 pages • 2023
  • 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...
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IAAO 101 - Review Questions; A+ GUARANTEED
  • IAAO 101 - Review Questions; A+ GUARANTEED

  • Exam (elaborations) • 9 pages • 2023
  • The property tax is an ____ __________ tax, meaning it is based on value. correct answers ad valorem The assessor is responsible for the _______, ________, and __________ of all taxable property. correct answers discovery listing valuation The taxable location of personal property is referred to as its __________. correct answers situs An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. correct answers an apprai...
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IAAO 101 Exam Questions with All Complete Solutions
  • IAAO 101 Exam Questions with All Complete Solutions

  • Exam (elaborations) • 2 pages • 2023
  • IAAO 101 Exam Questions with All Complete Solutions 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 Assessme...
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