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The Selling Price of a House May Not Be Exactly

Question 5

Multiple Choice

The selling price of a house may not be exactly equal to the correct value of the house for tax purposes. Which of the following would not be a possible reason?


A) Taxes are based on current use value.
B) The sale included items of personal property.
C) The sale was between relatives.
D) Assessors are often elected officials.

Correct Answer:

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