California Real Estate Salesperson Exam Practice – Question 75

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Question

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Due to Prop 13, the minimum annual property tax rate is:

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Selections

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A. 1% of full cash value

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B. 2% of full cash value

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C. 1.5% of lender appraised value

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D. 1% of lender appraised value

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Answer: A

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5 Keys Summary

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• sample point 1

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• sample point 2

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• sample point 3

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• sample point 4

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• sample point 5

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