Exam (elaborations)
Real estate exam 1 Questions and Answers (Graded A)
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The closing date is August 16. The property's fair market value is $180,000. In this community, property is assessed at 50% of its market value, and taxes are applied at 55 mills per dollar of assessed value. Using a 365-day calendar year and assuming the buyer is responsible for the closing day, w...
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