Transfer Of TitleTaxes
Transfer Of Title Practice Question
Maryland property tax is based on:
A
Purchase priceB
Assessed value determined by state and local assessmentC
Square footageD
IncomeExplanation
Property tax is based on assessed value, with assessment done by the State Department of Assessments and Taxation.
More Transfer Of Title Questions
Practice More Questions
Access 2,000+ practice questions and pass your real estate exam.
Get Started Free