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

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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 changes in property values over time are not taken into account until the next reassessment, which could be years later. Option A is incorrect because it describes a system known as "sales ratio" assessment, not mass cyclical assessment. Option B is incorrect because, while it describes an annual realignment of property values, it is not based on individual property assessments. Option D is incorrect because tax rates are adjusted based on changes in property values, not frozen.

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