IAAO 300: Complete Course Review | que *&
answ
Save
Practice questions for this set
Learn 1/7 Study with Learn
Time Adjustment/Market Adjustment
Choose an answer
What is the main difference between When confirming sales to be used,
1 single property appraisal and mass 2 adjustments may need to be made.
appraisal? What is a typical adjustment?
A listing of data in order of What type of model is the following
3 magnitude (largest to smallest) is 4 formula? MV=GQ x ((PL x SIZE)+(PB x
called an? SIZE))
Don't know?
Terms in this set (49)
, What is the main difference between 1. Group vs Particular 2. Mass Appraisal emphasizes
single property appraisal and mass standardized and statistical quality control features
appraisal?
In the Appraisal Process, "Define the d. and f.
valuation problem" does not include
which of the following:
a. Define the Value to be developed
b. Identify limiting conditions or
limitations
c. Date of the value
d. Competitive properties
e. Identify intended use and users of
appraisal
f. Develop highest and best use
opinion
Supply and demand factors d.,e.,and f.
determine Real Estate values. Which
are not supply factors?
a. Building costs
b. Interest Rates
c. Economic Conditions
d. Location
e. Construction Quality
f. Condition
Hybrid or generic models are Cost Approach
reflective of which approach to
value?
What type of model is the following Simple Hybrid (Generic) Cost Model
formula? MV=GQ x ((PL x SIZE)+(PB x
SIZE))
answ
Save
Practice questions for this set
Learn 1/7 Study with Learn
Time Adjustment/Market Adjustment
Choose an answer
What is the main difference between When confirming sales to be used,
1 single property appraisal and mass 2 adjustments may need to be made.
appraisal? What is a typical adjustment?
A listing of data in order of What type of model is the following
3 magnitude (largest to smallest) is 4 formula? MV=GQ x ((PL x SIZE)+(PB x
called an? SIZE))
Don't know?
Terms in this set (49)
, What is the main difference between 1. Group vs Particular 2. Mass Appraisal emphasizes
single property appraisal and mass standardized and statistical quality control features
appraisal?
In the Appraisal Process, "Define the d. and f.
valuation problem" does not include
which of the following:
a. Define the Value to be developed
b. Identify limiting conditions or
limitations
c. Date of the value
d. Competitive properties
e. Identify intended use and users of
appraisal
f. Develop highest and best use
opinion
Supply and demand factors d.,e.,and f.
determine Real Estate values. Which
are not supply factors?
a. Building costs
b. Interest Rates
c. Economic Conditions
d. Location
e. Construction Quality
f. Condition
Hybrid or generic models are Cost Approach
reflective of which approach to
value?
What type of model is the following Simple Hybrid (Generic) Cost Model
formula? MV=GQ x ((PL x SIZE)+(PB x
SIZE))