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APPRAISAL TERMINOLOGY 101
BENEFICIAL INTEREST—
The prop-
erty interests resulting from equitable
ownership in a property rather than
legal ownership; for example, the
interests of a beneficiary of a trust.
Source: Glossary for Property Appraisal and As-
sessment
.
UPCOMING IAAO WEBINARS
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— Excel Can Do That?
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— What GIS/CAMA practices
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March 15
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April 19
— Use of expert witnesses and evi-
dence in tax appeals
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