Valuation & AppraisalCâu 61 / 120
The value a county assessor places on property to compute property taxes is the:
a.Market value
b.Insured value
c.Replacement value
d.Assessed value
Giải thích
Assessed value is the figure set by the county assessor as the basis for property taxation. Under Proposition 13, California generally bases it on the acquisition value with limited annual increases. It often differs from current market value.
Trích dẫn luật: CA Revenue and Taxation CodeLuyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A large luxury home surrounded by smaller modest homes is worth less than it would be elsewhere because of the principle of:
- Market value is best defined as the:
- An investment property produces $60,000 in net operating income and the market capitalization rate is 8%. Using the income approach, its indicated value is:
- Combining two adjacent parcels to create a single, more valuable parcel is called assemblage, and the resulting increase in value is:
- The principle of anticipation holds that value is created by the expectation of:
- In the cost approach, an estimate of the cost to build an exact duplicate of the improvements using the same materials is the:
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