Tag: Assessed Value

Posted on 09/01/2024
The difference between assessed value & fair market value
As you venture into the world of real estate, you may hear...
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Posted on 03/13/2022
Ad valorem tax & other terms property owners should know
Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...
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