Practice Quiz

Florida Real Estate Exam

Category - Florida

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The tax assessment roll, showing the assessed value of property in an area, would be used to:

  1. Determine the proportionate share paid by each property owner
  2. Establish the tax rate
  3. Establish the tax base for the community
  4. Equalize the taxes paid by the owners in that area
Explanation
Answer C - The assessment roll would produce a total assessed value, which could then be divided by the anticipated cost of government to determine the tax rate. The total value becomes the tax base for the community.

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