IAAO Course 101 Fundamentals of Real Property
Appraisal (Q & A)
This course concentrates on what two approaches to value - Cost approach and Sales Comparison
approach.
Chapter 1 - Working knowledge of appraisal theory
Chapter 2 - Basic understanding of methods used to develop land values
Chapter 3 - Working knowledge of cost, including the different definitions of cost and various types of
cost estimates
Chapter 4 - Emphasizes a basic understanding of the sales comparison approach and the systematic
procedure for its application
Property Assessment Valuation (PAV), 3rd edition - Text book used for course assigned reading
