04 Sep 2008 @ 12:40 AM 

Many counties have a real property tax that is imposed on the ownership of real estate located within its boundaries. Real Property tax is typically imposed upon the assessed value of the real property - typically set as a percentage of the most recent purchase price paid for a parcel of real property.

In addition, many counties impose a one time tax or fee whenever a parcel of real property is transferred. Real property taxes are imposed and collected at the local level.

Tags Categories: Real Property Tax Posted By: taxnick
Last Edit: 04 Sep 2008 @ 12 40 AM

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