Property Valuation
A Montana property's assessed value for property tax purposes is determined by the:
AReal estate appraiser hired by the seller
BMontana Department of Revenue✓ Correct
CMontana Board of Realty Regulation
DLocal city council
Explanation
In Montana, the Department of Revenue is responsible for assessing property values for property tax purposes. The assessment is used to calculate property taxes based on mill levies set by local taxing jurisdictions.
Related Montana Property Valuation Questions
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