CENTURY 21: The Gold Standard
How do Property taxes work?
Property taxes are generally ad valorem taxes. This means that they are charged in relation to the value of the property taxed.
Property provides an easily measured, difficult-to-hide source of wealth for purposes of taxation. Government eagerness to tax real estate wealth is generally matched by citizen reluctance to have it do so.
Return to Home Buying TipsReturn HOME
LOGO DISCLAIMER: ©2008 CENTURY 21 Real Estate LLC. CENTURY 21® is a registered trademark liscensed to CENTURY 21 Real Estate LLC. Equal Housing Opportunity. Each Office is Independently Owned and Operated.