Real Estate Exam Question: Transfer Of Title

Higher than most states. To compensate for no state income tax, Texas has relatively high property taxes compared to other states.

Transfer Of TitleTaxes

Texas has no state income tax. Property taxes in Texas are:

Lower than the national average

About the national average

Higher than most states

Determined by the federal government

Explanation

To compensate for no state income tax, Texas has relatively high property taxes compared to other states.

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