Chapter 18 - taxes affecting real estate - 3% Flashcards

1
Q

How do you convert a mill to a decimal? Example 6 mills

A

Move the decimal three places to the left.

6 mills = .006

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2
Q

What is the first step to Protest a Tax Assessment

A

Request an informal conference with the county property appraiser.

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3
Q

How much additional property tax exemption does a Veteran of military service with t least a 10% military service related disability

A

$5,000

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