In a traditional mass cyclical assessment system which of, Ask an Expert

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

A) the value of a property parcel is adjusted each time the parcel is sold.

all properties in a jurisdiction are assessed in a single year and assessments do not change until the next reassessment year some years ahead.

tax rates are frozen when property values change.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92714921

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