A) Mr. Loren pays no local property tax in Rayleigh Harbor (though he may pay such taxes elsewhere).
can't be true as it is given that none who owns a house in rayleigh harbor of the residents of Rayleigh Harbor pay any local property taxes
anywhere else. May be is paying tax in Rayleigh Harbor. wrong
B) Mr. Loren pays no local property taxes anywhere.
Same as A. Anywhere= anywhere else + rayleigh Harbor. We don't know about Rayleigh harbor. wrong
C) If Mr. Loren is over 70 years of age, he pays no local property taxes anywhere.
This has to be true, if we assume that owing a house in Rayleigh harbor= Resident of Rayleigh Harbor. But we don't know whether owing a house in Rayleigh Harbor is same as being a resident of Rayleigh harbor. So it may be true but not most be true. Hence wrong.
D) If Mr. Loren is over 70 years of age, he pays no local property taxes in Rayleigh Harbor but perhaps he does elsewhere).
But perhaps he does elsewhere is wrong, as it is given that Mr Frank Loren owns a house in Rayleigh Harbor so he does not pay tax anywhere else. Wrong.
E) None of the preceding conclusions follow from the stated assumptions. Only option Left. Hence the right answer