This blog accompanies the text, Real Estate Analysis: Environments and Activities by Julian Diaz III and J. Andrew Hansz. Student are encouraged to post assignments and original research papers to this blog. Please contact email@example.com for posting rights or to add your program to the blog. Some blog posts and objective questions maybe considered for publication in a future edition of the text.
Tuesday, May 7, 2013
Chapter 11 questions
Chapter 11 Questions
By Michael McMinassian
1.The Tax Digest is a new magazine.
2.A tax assessor is a local government
employee in a tax assessment office responsible for calculating and maintaining
the tax digest.
3.The Ad Valorem Value is the
assessor’s estimate of a property’s market value for taxation purposes.
4.A millage rate or Mill is a rate of 1
per 1,000,000 or 1/1,000,000.
5.The assessed value is the value the
assessor-determined used to calculate property rights.
6.If you want to change the zoning on
your property and want to appeal to a court for zoning relief you are
7.The __________ is the area on the
site that may be legally used for the building.
8.The effective Tax Rate is equal to
____________divided by the _________.