Designation candidates are expected to have a mastery of the core course material and its application to real world situations. IAAO case study examinations are an intense, in-depth experience unlike other IAAO exams. Approximately half of the questions pertain directly to the information presented in the case study and require the candidate to apply knowledge and perform calculations the other half are general appraisal questions. The Case Study Examination on the Mass Appraisal of Income-Producing Property is a 75 question, multiple choice exam designed to test a candidate’s proficiency in and mastery of the concepts deemed necessary for a CAE designee. (3) Any combination of education and experience specified in F.(1) and F.(2) that equals 100 points. One year of experience equals ten points 100 points are required. (2) A minimum of ten years of verifiable appraisal and/or assessment administration experience. Three semester hours equals ten points 100 points are required. Subject areas allowed are: English Composition, Economics or Finance, Geography, Algebra, Geometry, Statistics or higher mathematics, Accounting, Business Law, Real Estate Law or Valuation. (1) Complete a minimum of thirty semester hours of specific subject area coursework or pass College-Level Examination Program (CLEP) exams equivalent from an accredited college or university with a grade of “C” or higher.
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