In a traditional mass cyclical assessment system, which of the following occurs?

Question

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In a traditional mass cyclical assessment system, all properties in a jurisdiction are assessed in a single year, and assessments do not change until the next reassessment year, some years ahead. This means that property values are not adjusted each time the parcel is sold, and tax rates are not frozen when property values change. The assessment values are updated only during the reassessment year.

In a Traditional Mass Cyclical Assessment System, Which of the Following