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What is the state-mandated interest rate in Florida?CorrectIncorrect
What is the state-mandated interest rate in Arizona?CorrectIncorrect
Statistics show that the majority of tax lien certificates will be paid off eventually.CorrectIncorrect
The majority of tax lien certificate investments result in property acquisition.CorrectIncorrect
What is a tax lien?CorrectIncorrect
What is a tax lien certificate?CorrectIncorrect
What is the redemption period?CorrectIncorrect
Tax lien certificates can be purchased on all property types.CorrectIncorrect
When acquiring properties through tax lien certificates, an investor should expect to acquire beautiful single-family residential homes that require little work.CorrectIncorrect
Tax lien certificate holders are required to interact directly with property owners to collect on property tax debt.CorrectIncorrect
Tax lien certificates are typically sold in which of the following settings?CorrectIncorrect
As interest accrues on a tax lien certificate, the county makes payments to the tax lien certificate holder.CorrectIncorrect
In order to redeem a tax lien certificate, a property owner is required to pay which of the following (select all that apply):CorrectIncorrect
Tax deeds generally require more money and investment experience to get involved.CorrectIncorrect
How long do counties typically hold onto a tax lien before foreclosing and offering a tax deed for sale to investors?CorrectIncorrect
The bidding for a tax deed begins at a price including which of the following (include all that apply):CorrectIncorrect
A tax lien is superior to all other liens and encumbrances.CorrectIncorrect
Redemption deeds are a hybrid of both tax liens and tax deeds.CorrectIncorrect