FIN 3351 Chapter : Chap004
Document Summary
Chapter 04 - government controls and real estate markets. Multiple choice questions: while most real property in the united states is privately owned, government regulations limit private property use and therefore play an important role in the determination of property value. These land uses are referred to as: special uses, nonconforming uses, conforming uses, exclusionary uses, when land use controls impose exceptional hardship and loss of value, a relief mechanism must be provided. This exemption is better known as the: ad valorem exemption, affordable housing exemption, growth moratorium, homestead exemption, given the following information, compute the property tax rate for the community in percentage terms. Market value of property: ,000, assessed value of property: ,000, exemptions: ,000, taxes paid: ,363: 1. 50, 2. 35, 1. 65, 2. 68, given the following information, compute the taxable value for the particular piece of property in dollar terms. Chapter 04 government controls and real estate markets answer key.
