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Chapter 14 - Taxes & Assessments Exam Questions With Answers Updated .

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CHAPTER 14 - TAXES & ASSESSMENTS EXAM QUESTIONS WITH ANSWERS UPDATED .CHAPTER 14 - TAXES & ASSESSMENTS EXAM QUESTIONS WITH ANSWERS UPDATED .CHAPTER 14 - TAXES & ASSESSMENTS EXAM QUESTIONS WITH ANSWERS UPDATED .CHAPTER 14 - TAXES & ASSESSMENTS EXAM QUESTIONS WITH ANSWERS UPDATED .

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CHAPTER 14 - TAXES & ASSESSMENTS EXAM
QUESTIONS WITH ANSWERS UPDATED 2026- 2027 .


A charge against real estate made by a unit of government to cover a proportionate cost of an
improvement such as a street or sewer is known as what...? - correct Answers -Assessment



A city, county, town or village with the authority to value real property for purposes of taxation is known
as what...? - correct Answers -Assessing Unit



A geographic area in which the market value of real estate is enhanced due to the influence of a public
improvement and in which a tax is apportioned to recover the costs of the public improvement is known
as what...? - correct Answers -Special Assessment Districts



A home that is generally unavailable during the time the client makes a reasonable effort to sell the
property is known as what...? - correct Answers -Non-homestead



A home which is owned by and is the usual residence of a client, along with all the surrounding land and
any building on that land, is known as what...? - correct Answers -Homestead



A SCAR proceeding is generally led by who...? - correct Answers -Appointee



A valuation placed upon property by a public officer or a board, as a basis for taxation is known as
what...? - correct Answers -Assessed Value



An assessment is NOT made on the highest and best use of a property but rather...? - correct Answers -
The actual condition of the property



An assessment made against a property to pay for a public improvement by which the assessed property
is supposed to be especially benefited is known as what...? - correct Answers -Special Assessment



An assessment of tax is known as what...? - correct Answers -Levy


1

, An assessor explains to you that the market value of your property was converted to the assessed value
using what's called an assessment ratio. The assessment ratio can also be considered what...? - correct
Answers -Equalization Rate



Chris wants to file a protest against a tax assessment conducted on his property from two years ago.
What should Chris do first...? - correct Answers -It is too late to file the protest



Equalization rates set by different people may cause what...? - correct Answers -Differences in
assessments



Every assessment role includes what...? - correct Answers -Tax Status Date



How can you successfully have your property reassessed through a SCAR proceeding...? - correct
Answers -Prove that your property is over assessed by showing the assessed value of comparable
properties in your neighborhood



If an assessor is going to change an assessment, generally speaking, what must the assessor do...? -
correct Answers -Conduct a total assessment change for the entire assessing district



John is looking to assess a property in which he doesn't have access to the interior of the home. John
knows from experience that the interior condition may affect the value of the property. How should
John proceed with the assessment...? - correct Answers -Conduct an approximate assessment using his
best judgment



John wants his assessment reduced by 30% since his property is located next to a power plant. The SCAR
hearing officer granted John a 20% reduction, which is the maximum allowed in the State of New York.
What should John do to get the full 30% reduction he desires...? - correct Answers -Return the following
year and attempt to get an additional reduction



One can protest taxes based on what type of error...? - correct Answers -Factual Error



The amount of taxes on a property can affect what...? - correct Answers -The Value of the Property


2

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