Ad valorem taxes are a type of tax that is applied to
your property by the government entities.
Not exact matches
It says the county will transfer all
properties acquired through foreclosure to the Land Bank, with three exceptions: parcels to be used
by the county; those to be transferred to another
government entity or nonprofit for preservation; or
properties to be used for economic development to «properly vetted third parties.»
VICTORIA — New legislation introduced
by the British Columbia
government intends to charge a 15 per cent additional tax on foreign
entities buying residential
property in Metro Vancouver.
More specifically, locating a foreclosed home depends on where exactly it is in the foreclosure process:
Properties can still be owned
by the original homeowner (in the earlier stages, in case of pre-foreclosure and short sale
properties), or
by an
entity such as a bank or the
government (in the later ones).
NOTE: Language providing that a county, municipality, or other
entity of local
government may not prohibit the sale of or offering for sale of tangible personal
property subject to the tax imposed
by Chapter 212 which may lawfully be sold in the state was stricken from final version.
Each of these types of IP may be registered with the
government, and owned as
property by an individual or business
entity.
Earlier today, the British Columbia
government announced that the
property transfer tax rate payable
by foreign
entities on purchases of residential
property in the Greater... Continued
[23] The amendments covered a number of measures, one of which sought to «promote individual
property rights» on Aboriginal land
by enabling a Northern Territory
entity (such as the Northern Territory
Government or a statutory authority established
by it) to be granted a 99 - year lease from the traditional owners over an entire township.
The
property is 99 percent leased to a creditworthy tenant roster highlighted
by CNN, Accenture and various
entities of the United States
Government.
Likewise, when a
government entity exercises its eminent domain power to condemn private
property for public use, the
government should provide - as required
by the 5th Amendment - «just» compensation to affected
property owners that covers not only the value of the
property condemned but also all other reasonable and necessary costs generated
by the condemnation action including, but not limited to, hiring legal counsel, obtaining temporary housing, lost business revenue, severance damages.
First, a
government can never authorize the taking of private
property for the sole purpose of transferring it to another private individual or
entity, even if the owner is paid «just compensation»
by the
government.
Conventional Financing: This financing is provided
by government - backed
entities like Fannie Mae and Freddie Mac: These loans typically have a 30 - year amortization, up to 70 % LTV, and rates that are slightly higher than an owner occupied
property.