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CMP 325 Final Exam Questions and Answers
CMP 325 Final Exam Questions and Answers 
 
 
(tax) Special Assessments - ANSWERS -•Additional taxes levied on real property within a Special Assessment District for a period of time to cover a specific public purpose. 
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•Billed along with general property taxes. 
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•Examples include road improvements, drainage systems and new or improved buildings, including schools. 
 
Transfer Tax - ANSWERS -Paid upon conveyance of real property, generally in conjunction with recording deed at th...