Question
In a traditional mass cyclical assessment system, which of the following occurs? A) the value of a property parcel is adjusted each time the parcel
In a traditional mass cyclical assessment system, which of the following occurs?
A) the value of a property parcel is adjusted each time the parcel is sold.
all properties in a jurisdiction are assessed in a single year and assessments do not change until the next reassessment year some years ahead.
tax rates are frozen when property values change.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
