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Property Taxation Systems: Rating Methods and Capital Levies

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Description

400 Level Estate Management And Valuation Department exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

a. Distinguish between property rating and site value rating.

b. Discuss the two fundamental aspects upon which Site Value Rating is premised.

c. Elaborate the difference between betterment levy and capital gains tax.

 

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