In a Traditional Mass Cyclical Assessment System, Which of the Following

question 5

Multiple Choice

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

• A) The value for a property parcel is adjusted each time the parcel is sold
• B) The value of all properties in the assessment jurisdiction will be realigned annually, according to estimated changes in the value of types of properties.
• C) All properties in a jurisdiction are assessed in a single year and assessments do not change until the next reassessment year some years ahead
• D) Tax rates are frozen when property values change.