The Selling Price of a House May Not Be Exactly

question 2

Multiple Choice

The selling price of a house may not be exactly equal to the correct value of the house for tax purposes. Which of the following would not be a possible reason?

• A) Taxes are based on current use value.
• B) The sale included items of personal property.
• C) The sale was between relatives.
• D) Assessors are often elected officials.

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