A levy on the owners of real property. It is the main source of revenue for local governments in some parts of the United States. In Oklahoma, property taxes fund primarily schools and county governments

The local tax on the value of real property, land, buildings and homes.

In Japan, property tax is assessed annually by municipal, town or village authorities on land, housing and other fixed properties and paid by the owners listed in local property registers the previous January 1. The tax constitutes a major source of revenue for local bodies and is relatively free from year-to-year fluctuation.Valuations, which form the basis of property tax assessments, are reviewed every three years. The standard property tax rate is currently 1.4%, but local authorities are free to set rates at any level up to 2.1%. There are special exceptions, such as the appraisal of small-lot residential land at one-sixth the normal assessed value. Property tax is usually paid in four installments, in accordance with tax notices issued by the assessing authorities.

Taxes paid by a homeowner on their privately owned property either monthly through impound accounts or biannually. The tax amount based on local or county tax rates and assessed property value and may include percentages for school, law enforcement, fire, waste, etc.

The annual state, county, and local assessment against a certain piece of property.

A tax charged by the local government and used to fund a variety of municipal services such as schools, police, or street maintenance. The amount of property tax is determined locally by a formula, such as a certain percent per $1,000 of assessed value of the property.

A tax assessed and collected by the county and state in which the property is located, based on its assessed value.

This is the tax that's paid on private property. The rate of the tax varies by state.

a capital tax used by state and local governments

an effective local tax because the local nature of property makes it relatively simple for local governments to identify tax-payers and to collect the taxes

an example of a tax based on both principles

a tax based on the value of reasonably immobile capital improvements such as buildings, and the land where they are located

a tax levied on the value of property and hence on accumulated capital

a tax on wealth

A levy by a state or local government on real estate and personal property whose amount varies depending on the property's value. Reference bankrate.com Purchase agreement: Is a document in which the buyer and seller approve the price and other terms and conditions that may govern the sale of the property.

In general, tax levied on both real and personal property.

The amount which a property owner pays to a taxing agency. The tax is calculated by multiplying the assessed value of the property by the tax rate.

A government assesses tax on a property based on its market value.

Assessed city or county taxes based on the value of the property.

Government levy based on the market value (as assessed by a local tax assessor) of the property.

A county, city, or state tax on the value of a property.

A tax levied on real property, the amount of which is dependent upon the property's value.

There are two kinds of property tax in Thailand, namely, house and land tax, and local development tax. House and land tax is imposed on the owners of a house, building, structure or land, which is rented or otherwise put to commercial use. The tax rate is 12.5 per cent of actual or assessed annual rental value of the property. A local development tax is imposed upon any person who either owns land or is in possession of land. The tax rates vary according to the appraised value of the property being determined by the local authorities. There is an allowance granted for land utilized for personal dwellings, the raising of livestock and the cultivation of crops by the owner. The extent of the allowance differs according to the location of the land.

This figure may vary according to the county where the home is located. Actual property taxes are calculated at closing. It is best to consult a tax or real estate professional in the area you wish to purchase a home for specific rates.

Taxes levied on real property based on a percentage of the value of their real property. Public education is largely funded through local property taxes. Several cities designate a portion of their local property taxes for child care. Back to the top

The annual property tax owed on this property.

Municipal tax collected on the basis of property value.

Property taxes are also called real estate taxes. These taxes are paid to the local taxing authority or municipality. The amount you pay can generally be deducted from your federal income taxes. Property taxes are often levied as a percentage of your home's assessed value. For example, if you pay 0.5 percent in property taxes of the assessed value, a home assessed at $250,000 would have a yearly property tax bill of $1,250.

In Glynn County, properties are assessed at 40% of their market value and the current millage rate varies depending on where in Glynn you are. St. Simons Island's mil rate is 24.526; the city of Brunswick is 34.879 and the outer Glynn area is 22.814. Let's do the math: A home on St. Simons Island is assessed by the county at $200,000. 40% of $200,000 = $80,000. $80,000 x .024526 = $1962.08.

This is the tax levied on the property by the local authority such as Corporation, Municipality, etc to the person in whose name the property stands.

An annual tax payed to the government for the real property or personal property.

A tax levied by the local municipality or county on real and personal property.

The amount of tax that a property owner pays on the value of his/her property. The tax is calculated by multiplying the assessed value of the property by the tax rate, which is one percent (1%) plus any voter approved increase.

The taxes assessed on the property by the local government (e.g. city, county, village or township) for the various services provided to the property owner. Services may include police and fire department, garbage pick up and snow removal.

A tax assessed on the value of equipment, assets or other property by county and local governments.

A tax levied on privately owned real property. The amount of the tax is dependent on the value of the property. Also known as "real estate tax."... read full article

Averages between 1 and 2 percent of a homeâ€(tm)s value but may vary by county.

taxes based on the market value of a property. Property taxes vary from state to state. (empty)

A local tax assessed on property owned, such as a home or other real estate. Based on the estimated value of the home.

Tax paid on privately owned property. Property taxes are usually paid semiannually, or monthly if the lender requires. The amount is based on local tax rates and assessed property value.

The tax issued on the ownership of property.

The amount which the state and/or locality assesses as a tax on a piece of property.

Taxes paid to local or state government for ownership of equipment.

A mandatory charge the government levied on any kind of property that is either real, personal or both. Normally it is a charge at a fixed rate per hundred or per thousand dollars in assessed value.

Generally, a tax levied on both real and personal property. The amount of the tax is dependent on the value of the property.

A tax levied on land and buildings (real estate) and on personal property.

Also known as "realty tax", the tax levied on ownership of property.

Local tax assessed on property owned, such as real estate or automobiles. Public Sector Net Cash Requirement Formerly known as Public Sector Borrowing Requirement (PSBR), PSNCR is the difference between the expenditure of the public sector and its income. Where there is a deficit it is financed by borrowing - principally via the sale of government gilt edged stocks (gilts). Public sector net borrowing also measures the difference between the expenditure and income of the public sector but differs from the net cash requirement in that it is measured on an accruals basis whereas the net cash requirement is mainly a cash measure.

Taxes paid by households and businesses on land and buildings.

(Also called “Real Estate Tax.”) Property taxes are government assessments on real estate property. With mortgage financing, the local, county or state tax assessment on real estate property is considered part of the monthly housing obligation and typically collected and set aside by the lender in an escrow account for payment to the appropriate government entity at the required time.

A tax levied on any kind of property.

A tax levied by a local authority on the value of real estate.

This is taxed owed on a property and is determined by the county assessor’s office based on the market value of the property.

This levy is affected by the location and the value of the property determined by BC Assessment. Local government determines the rate of taxation. Property taxes are paid on an annual basis in two payments, (in February and in July).

You will have to pay a property tax on the home you own. Annually, property tax averages 1 to 2 percent of a home's value, but property tax rates vary widely throughout this great land.

tax based on the value of something owned, typically a home or car. Schools and local street maintenance are often paid for with property taxes.

The sum of money collected from a tax levied against the value of property.

An annual tax paid quarterly to one or more governmental jurisdictions based on the amount of the property assessment. Generally paid as part of the mortgage payment.

A tax determined by a town assessor and owed on a yearly basis to the municipality.

Taxes due each year by various municipal bodies based on an assessed value of the property.

A government tax based on the market value of a property.

is the annual tax paid by the owner to the local authority.

A tax levied on real estate and personal property based on the value of the property

A government levy based on the market value (as assessed by the county assessor's office) of the property.

A government levy based on the market value of privately owned property. Sometimes referred to as ad valorem tax or real estate tax.

Yearly tax (paid by the owner) assessed on a home. Property tax annually averages 1 to 2 percent of a home's value.

California State Constitution Article XIII A provide that the combined maximum property tax rate on any given property equal 1% of its assessed value unless an additional amount has been approved by voters for special taxes or general obligation bonds. The County assesses properties, bills and collects these property taxes. The County remits the City's share, including all penalties and interest.

The revenue derived from a local ad valorem levy on real property and certain categories of personal property.

Property taxes are calculated at about 1.5 percent of the current market value.

Refinance Registration value

A tax levied by federal or state goverment against one's property.

Taxes paid on privately owned properties and are based on local tax rates and assessed property values.

An annual or semi-annual tax levied by a local government based on a home's assessed value. This expense is customarily included as part of the mortgage payment.

Local tax assessed on the market value of a property

Government tax that is assigned to a property based on the county's assessment value.

A tax on property, usually meaning only real property, such as land, buildings or houses, and machinery. Personal property, such as furniture, vehicles, or jewelry, is largely excluded, as is intangible property, such as money, stocks, bonds, or bank deposits.

Annual taxes paid on property to cover local, state and other services.

Property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. There are three species or types of property: Land, Improvements to Land (immovable man made things), and Personalty (movable man made things). Real estate, real property or realty are all terms for the combination of land and improvements.