MCTA Collector Exam With
Complete Solution
Tax Taking Fees - ANSWER Preparing Notice of Taking - $10
Posting Notice of Taking - $5
Preparing Inst. of Taking - $10
Recording Inst. of Taking - $105
Advertisment - Actual Cost
Motor Vehicle Excise Values - ANSWER Preceding Year of Manufacturing -
50%
Year of Manufacturing - 90%
2nd Year - 60%
3rd Year - 40%
4th Year - 25%
5th Year - 10%
Tax Bills Must Include - ANSWER Assessment Date & Year
Taxpayer Information
Property ID
Valuation Information
, Special Assessment Information
Tax Rate Information
Payment Information
Payment Instruction
Statement of Overdue Taxes (Actual Bill)
Commitment Lists & Warrants Must Include - ANSWER Name(s) of Assessed
Owners
Mailing Address
Description of Property
Location of Property
Valuation
Tax
Betterment's, Liens, & CPA Tax
Deferred Taxes Qualifications - ANSWER 65 years old
Resided in Massachusetts for 10 years
Owned & Occupied the Property for 5 years
Limited to 50% of value of assessed property
Chapter 61 Assessment - ANSWER Forest Land - 5% full cash value
Chapter 61A Assessment - ANSWER Agricultural Land - not assessed and full
& fair
Complete Solution
Tax Taking Fees - ANSWER Preparing Notice of Taking - $10
Posting Notice of Taking - $5
Preparing Inst. of Taking - $10
Recording Inst. of Taking - $105
Advertisment - Actual Cost
Motor Vehicle Excise Values - ANSWER Preceding Year of Manufacturing -
50%
Year of Manufacturing - 90%
2nd Year - 60%
3rd Year - 40%
4th Year - 25%
5th Year - 10%
Tax Bills Must Include - ANSWER Assessment Date & Year
Taxpayer Information
Property ID
Valuation Information
, Special Assessment Information
Tax Rate Information
Payment Information
Payment Instruction
Statement of Overdue Taxes (Actual Bill)
Commitment Lists & Warrants Must Include - ANSWER Name(s) of Assessed
Owners
Mailing Address
Description of Property
Location of Property
Valuation
Tax
Betterment's, Liens, & CPA Tax
Deferred Taxes Qualifications - ANSWER 65 years old
Resided in Massachusetts for 10 years
Owned & Occupied the Property for 5 years
Limited to 50% of value of assessed property
Chapter 61 Assessment - ANSWER Forest Land - 5% full cash value
Chapter 61A Assessment - ANSWER Agricultural Land - not assessed and full
& fair
