Real Estate Exam Question: Transfer Of Title

Q: Virginia property taxes are assessed by:

Local jurisdictions (cities and counties). Property taxes in Virginia are assessed and collected by local jurisdictions, with rates varying by locality.

Transfer Of TitleTaxes

Virginia property taxes are assessed by:

The state

Local jurisdictions (cities and counties)

Federal government

Private companies

Explanation

Property taxes in Virginia are assessed and collected by local jurisdictions, with rates varying by locality.

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