Chapter 18, Problem 6CR

BuyFind*arrow_forward*

8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

The value of property for tax purposes is known as the ___ value. The value of property based on location, size, cost, and other such factors is known as the fair _____ value. (18-5)

To determine

**To fill:** The blank space provided in the statement. “The value of property for tax purpose is known as the _____________ values. The value of property based on location, size, cost and other such factors is known as the fair _________ values”.

Explanation

The value assigned to a property to measure applicable taxes is called the assessed value. It determines the value of a residence for tax purposes and takes comparable home sales into consideration.

The estimation of a market value of a property on what a knowledgeable, willing buyer would pay to a willing seller...

Sect-18.I P-1TIESect-18.I P-2TIESect-18.I P-3TIESect-18.I P-4TIESect-18.I P-1RESect-18.I P-2RESect-18.I P-3RESect-18.I P-4RESect-18.I P-5RESect-18.I P-6RE

Sect-18.I P-7RESect-18.I P-8RESect-18.I P-9RESect-18.I P-10RESect-18.I P-11RESect-18.I P-12RESect-18.I P-13RESect-18.I P-14RESect-18.I P-15RESect-18.I P-16RESect-18.I P-17RESect-18.I P-18RESect-18.I P-19RESect-18.II P-5TIESect-18.II P-6TIESect-18.II P-7TIESect-18.II P-8TIESect-18.II P-9TIESect-18.II P-1RESect-18.II P-2RESect-18.II P-3RESect-18.II P-4RESect-18.II P-5RESect-18.II P-6RESect-18.II P-7RESect-18.II P-8RESect-18.II P-9RESect-18.II P-10RESect-18.II P-11RESect-18.II P-12RESect-18.II P-13RESect-18.II P-14RESect-18.II P-15RESect-18.II P-16RESect-18.II P-17RESect-18.II P-18RESect-18.II P-19RESect-18.II P-20RESect-18.III P-10TIESect-18.III P-11TIESect-18.III P-12TIESect-18.III P-13TIESect-18.III P-14TIESect-18.III P-1RESect-18.III P-2RESect-18.III P-3RESect-18.III P-4RESect-18.III P-5RESect-18.III P-6RESect-18.III P-7RESect-18.III P-8RESect-18.III P-9RESect-18.III P-10RESect-18.III P-11RESect-18.III P-12RESect-18.III P-13RESect-18.III P-14RESect-18.III P-15RESect-18.III P-16RESect-18.III P-17RESect-18.III P-18RESect-18.III P-19RESect-18.III P-20RESect-18.III P-21RESect-18.III P-22RESect-18.III P-23RESect-18.III P-24RESect-18.III P-25RESect-18.III P-26RESect-18.III P-27RESect-18.III P-28RESect-18.III P-29RESect-18.III P-30RECh-18 P-1CRCh-18 P-2CRCh-18 P-3CRCh-18 P-4CRCh-18 P-5CRCh-18 P-6CRCh-18 P-7CRCh-18 P-8CRCh-18 P-9CRCh-18 P-10CRCh-18 P-11CRCh-18 P-12CRCh-18 P-13CRCh-18 P-14CRCh-18 P-1ATCh-18 P-2ATCh-18 P-3ATCh-18 P-4ATCh-18 P-5ATCh-18 P-6ATCh-18 P-7ATCh-18 P-8ATCh-18 P-9ATCh-18 P-10ATCh-18 P-11ATCh-18 P-12ATCh-18 P-13ATCh-18 P-14ATCh-18 P-15ATCh-18 P-16ATCh-18 P-17ATCh-18 P-18ATCh-18 P-19ATCh-18 P-20ATCh-18 P-21ATCh-18 P-22ATCh-18 P-23ATCh-18 P-24ATCh-18 P-25ATCh-18 P-26ATCh-18 P-27ATCh-18 P-28ATCh-18 P-29ATCh-18 P-30AT

Mathematical Applications for the Management, Life, and Social Sciences

Probability and Statistics for Engineering and the Sciences

Finite Mathematics and Applied Calculus (MindTap Course List)

Calculus: Early Transcendentals

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

Finite Mathematics

Elementary Technical Mathematics

Understanding Basic Statistics

Elementary Geometry For College Students, 7e

Essentials Of Statistics

Essentials of Statistics for The Behavioral Sciences (MindTap Course List)

Mathematical Excursions (MindTap Course List)

Single Variable Calculus

Multivariable Calculus

Statistics for The Behavioral Sciences (MindTap Course List)

Precalculus: Mathematics for Calculus (Standalone Book)

Calculus (MindTap Course List)

Calculus: Early Transcendental Functions

Applied Calculus

Intermediate Algebra

Calculus: An Applied Approach (MindTap Course List)

Single Variable Calculus: Early Transcendentals, Volume I

Trigonometry (MindTap Course List)

Calculus of a Single Variable

Single Variable Calculus: Early Transcendentals

Elements Of Modern Algebra

Calculus: Early Transcendental Functions (MindTap Course List)

Study Guide for Stewart's Multivariable Calculus, 8th

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

Finite Mathematics for the Managerial, Life, and Social Sciences

Elementary Geometry for College Students

Statistics for Business & Economics, Revised (MindTap Course List)

Research Methods for the Behavioral Sciences (MindTap Course List)

College Algebra (MindTap Course List)

Calculus (MindTap Course List)

Mathematics For Machine Technology

Multivariable Calculus

Research Methods for the Behavioral Sciences (MindTap Course List)

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Introduction To Statistics And Data Analysis