1 IAAO TEST Version 4 Actual Exam Newest 2025/2026 Complete All Questions And Correct Detailed Answers (Verified Answers) |Already Graded A+||Brand New Version!!
List the four tests, or criteria, that the appraiser must make in the analysis of the highest and best use - ANSWER-Legally permissible, physically possible, financially feasible, most productive
A parcel identifier links ownership records, tax maps, and assessment
records. Thus, the identifier must be: - ANSWER-Unique, permanent,
simple.
The appropriate map scale for rural areas in _______. - ANSWER-1' to 400"
The appropriate map scale for urban areas is ______. - ANSWER-1" = 100'
The property account number, linking ownership records, tax maps, and assessment records, is known as the _____. - ANSWER-Parcel identifier
The NE ¼ NW ¼ SE ¼ SW ¼ contains ____ acres. - ANSWER-2 1 / 2
2
A township in the Public Land Survey System contains ____ sections, with each section containing ____ acres. - ANSWER-36; 640
A land description system in which boundaries are described as distances between two semipermanent points or as lines following
compass bearings is known as: - ANSWER-Metes and Bounds System
Using the Public Land Survey System, which of the following best describes the shaded portion of land (labeled 'A') in the image? -
ANSWER-S ½ NE ¼ NE ¼
Improvements such as streets, sidewalks, and the availability of utilities are considered ______ improvements. - ANSWER-Off-site
Land that has been developed to the extent that it is ready to be built upon is considered a(n) ________. - ANSWER-Site
A complete set of _____ maps showing boundaries, parcel size, sales information, and other relevant features of all parcels in a jurisdiction is a necessary tool for assessors. - ANSWER-Cadastral
The principal of _____ states that returns to land are what remain after returns to labor, management, and capital are satisfied. - ANSWER- Surplus productivity
- / 2