A given parcel of real estate may be subject at a given time to assessments for the payment of taxes to retire bonds issued by two or more governments.

Question

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It is possible for a parcel of real estate to be subject to assessments for the payment of taxes to retire bonds issued by multiple governments at the same time. This could happen if the property is located within different taxing districts, each with its own set of bond issues and tax assessments.

A Given Parcel of Real Estate May Be Subject at a Given