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INTRO TO PROPERTY APPRAISAL

  1.  
    WHAT IS A TAX THAT IS MEASURED BY THE VALUE OF PROPERTY THAT A PERSON OWNS
    A. INCOME TAX B. STATE TAX C. PROPERTY TAX D. MASS APPRAISAL TAX E. COUNTY TAX
  2.  
    WHAT IS A LOCAL GOVERNMENT THAT LEVIES A PROPERTY TAX
    A. TAXING UNIT B. BLACK PANTHERS C. HOA D. CAD E. COUNTY ASSESSOR
  3.  
    THE CAD IS GOVERNED BY...
    A. GOD B. SATAN C. CHIEF APPRAISER D. ARB E. BOARD OF DIRECTORS
  4.  
    USPAP IS REVISED HOW MANY TIMES
    A. TWICE A YEAR B. ONCE A YEAR C. ONCE EVERY 2 YEARS D. NEVER E. ONCE EVERY 3 YEARS
  5.  
    WHICH DEFINITION MOST ACCURATELY DEFINES USPAP
    A. ALL THE ABOVE B. MAINTAIN QUALITY CONTROL C. STOP INCONSISTENCIES OF APPRAISALS D. IS LOCATED IN SECTION 23 OF THE TAX CODE E. PROMOTE HIGH LEVEL OF PUBLIC TRUST
  6.  
    THE PROCESS OF VALUING A UNIVERSE OF PROPERTIES THAT ALLOW FOR STATISTICAL TESTING
    A. FEE APPRAISAL B. BANK APPRAISAL C. REAL ESTATE APPRAISAL D. MASS APPRAISAL E. POTATO
  7.  
    THE ACT OR PROCESS OF DEVELOPING AN OPINION OF VALUE
    A. ASSESSING B. APPRAISAL C. COLLECTING D. EQUALIZATION E. GUESSING
Answer Key
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INTRO TO PROPERTY APPRAISAL (Answer Key)

  1.  
    WHAT IS A TAX THAT IS MEASURED BY THE VALUE OF PROPERTY THAT A PERSON OWNS
    A. INCOME TAX B. STATE TAX C. PROPERTY TAX D. MASS APPRAISAL TAX E. COUNTY TAX
  2.  
    WHAT IS A LOCAL GOVERNMENT THAT LEVIES A PROPERTY TAX
    A. TAXING UNIT B. BLACK PANTHERS C. HOA D. CAD E. COUNTY ASSESSOR
  3.  
    THE CAD IS GOVERNED BY...
    A. GOD B. SATAN C. CHIEF APPRAISER D. ARB E. BOARD OF DIRECTORS
  4.  
    USPAP IS REVISED HOW MANY TIMES
    A. TWICE A YEAR B. ONCE A YEAR C. ONCE EVERY 2 YEARS D. NEVER E. ONCE EVERY 3 YEARS
  5.  
    WHICH DEFINITION MOST ACCURATELY DEFINES USPAP
    A. ALL THE ABOVE B. MAINTAIN QUALITY CONTROL C. STOP INCONSISTENCIES OF APPRAISALS D. IS LOCATED IN SECTION 23 OF THE TAX CODE E. PROMOTE HIGH LEVEL OF PUBLIC TRUST
  6.  
    THE PROCESS OF VALUING A UNIVERSE OF PROPERTIES THAT ALLOW FOR STATISTICAL TESTING
    A. FEE APPRAISAL B. BANK APPRAISAL C. REAL ESTATE APPRAISAL D. MASS APPRAISAL E. POTATO
  7.  
    THE ACT OR PROCESS OF DEVELOPING AN OPINION OF VALUE
    A. ASSESSING B. APPRAISAL C. COLLECTING D. EQUALIZATION E. GUESSING

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