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"Welcome Stranger" Assessment Occurs When

Question 8

Multiple Choice

"Welcome Stranger" assessment occurs when:


A) real property is assessed only at infrequent intervals, causing substantial tax increase in those reassessment years.
B) real property is revalued for tax purposes only when it is sold
C) real property assessments increase more rapidly than prevailing property values.
D) real property is reassessed more frequently than personal property.

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