Multiple Choice
Nearly half of states in the U.S. use the sale of tax lien certificates to manage defaulted property taxes. The certificates are auctioned to the public at:
A) the face value of the property taxes due
B) the assessed value of the home
C) a discount from the face value of the property taxes due
D) a premium of the assessed value of the home
Correct Answer:
Verified
Correct Answer:
Verified
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