Question: A property has two values tied to it: $200,000 and $100,000. Which of the following statements would be correct? The assessed value is $200,000, the
A property has two values tied to it: $200,000 and $100,000. Which of the following statements would be correct? The assessed value is $200,000, the market value is $100,000, and the tax policy must be 100%. The market value is $200,000, the assessed value is $100,000, and the tax policy must be 50%. The market value is $200,000, the assessed value is $100,000, and the tax policy must be 100%. The assessed value is $200,000, the market value is $100,000, and the tax policy must be 50%
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