IAAO definition
Examples of IAAO in a sentence
The County will pay fees and dues necessary for two (2) members of the Appraisers Unit to acquire or maintain two (2) memberships in IAAO.
Term Definition IAAO Standards The technical standards related to property tax administration, property tax policy, valuation of property, mass appraisal and related disciplines that are maintained and published by the IAAO, as amended from time to time.
Assessment-Sale Price Ratio or ASR Assessment-Sale Price Ratio has the meaning defined in the IAAO Glossary for Property Appraisal and Assessment (Second Edition).
The minimum requirement for any gainsharing payment will be the achievement of the International Association of Assessing Officers (IAAO) roll quality standards for median Assessment to Sales Ratio (ASR), Coefficient of Dispersion (COD) and Price-related Differential (PRD).
The county will consider the achievement approved professional designations in I.A.A.O. or U.R.I.S.A. as contributing toward professionalism in the Assessor's Office and will reimburse the holder of this designation for annual designation dues up to a maximum of $500.00 per year during the term of this agreement and will reimburse mileage in accordance with the Master Agreement.
Employee’s whose duties require them to maintain an appraiser’s accreditation with the Department of Revenue shall be allowed to attend continuing training courses offered by IAAO or equivalent vendor on paid time for their regularly scheduled work hours, to maintain their accreditation.
In other words, if IAAO standards are not met during the measurement year, then no gainsharing payment will be made.
All work shall be completed in a good and workmanlike manner conforming to prevailing New Hampshire Department of Revenue Administration Administrative Rules, applicable rules and standards adopted by the Assessing Standards Board, and IAAO standards.
In addition, the County will reimburse up to an additional five hundred dollars ($500.00) towards tuition for the pursuit of the above IAAO designations.
Sale Price Ratio has the meaning defined in the IAAO Glossary for Property Appraisal and Assessment (Second Edition).