3 - Property Taxation & Assessment (1 / 1) Flashcards by Fletcher Dunn | Brainscape

Q

Mills

A

per $1,000 of value

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Q

Horizontal Adjustment (e.g. 10%)

A

All properties increase 10%

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Q

If seller pays the full taxes for the year then sells the home…

A

Debit the buyer / credit the seller

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