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Transfer Of TitleTaxesHARD

Missouri residential property is assessed at what percentage of market value?

Correct Answer

B) 19%

Missouri residential property is assessed at 19% of market value for tax purposes.

Answer Options
A
100%
B
19%
C
33.3%
D
50%
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Related Topics & Key Terms

Related Topics:

property-tax-calculationassessment-rates-by-statemarket-value-vs-assessed-valuemissouri-property-tax-laws

Key Terms:

Missouri assessment ratioresidential property tax19% assessed valueMissouri Revised Statutes 137.115classified property tax
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