Study for the Minnesota Real Estate Exam. Use flashcards and multiple-choice questions with hints and explanations. Get exam-ready efficiently!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.


Which statement is true regarding the list of delinquent taxes filed by the County Auditor?

  1. It is filed once every two years.

  2. It must include taxpayer social security numbers.

  3. It must contain the legal description and total amount owed.

  4. It includes recommendations for tax forgiveness.

The correct answer is: It must contain the legal description and total amount owed.

The statement that the list of delinquent taxes filed by the County Auditor must contain the legal description and total amount owed is correct because one of the primary functions of this list is to provide transparency and clarity regarding tax liabilities. The legal description is important as it uniquely identifies the property associated with the delinquent taxes, ensuring that there is no ambiguity about which property is involved. Additionally, including the total amount owed is essential for informing the public and the affected property owners about their financial obligations. This detailed information allows for proper communication and potential rectifications by taxpayers, facilitating a standardized approach to handling delinquent accounts. The other choices either do not accurately describe the requirements of the list or include elements that are not typically mandated.