3. The amount used to determine the property taxes of a home or land A. The assessed value of the property B. The market value of the property C. The sale value or price of the property D. The down payment on the home A B C D

## Step 1<br />The problem is asking us to identify the value that is used to determine the property taxes of a home or land. The options provided are: A. The assessed value of the property, B. The market value of the property, C. The sale value or price of the property, and D. The down payment on the home.<br /><br />## Step 2<br />Property taxes are typically based on the assessed value of the property. This is the value determined by the local government, which is used to calculate the amount of tax owed by the property owner.<br /><br />## Step 3<br />The market value of the property, the sale value or price of the property, and the down payment on the home are not typically used to determine property taxes. The market value is the price at which the property would sell on the open market, the sale value is the price at which the property was sold, and the down payment is the amount of money paid upfront when purchasing a property.