Property Taxes

Do you pay property tax on a condo?

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2009-10-08 19:41:28
2009-10-08 19:41:28

A condominium is a home; it exists on real property; most condominium owners pay property tax.

You can check with your local county or provincial assessor to find the answer you want.

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Yes.Like on any home, you will pay a property tax. You can discover the amount by inquiring of your county or provincial property tax assessor where the condominium is situated.


The property tax on a condo in new orleans, la would be 4% of the value of the properrty


Yes. Just as you would pay property taxes on any property that you own.


Yes.Your county or provincial property tax assessor can tell you how much tax you owe.


A property tax (or millage tax) is levied on the value of property, an ad valorem tax that the owner is required to pay. It is a direct tax.



If you can't pay your property tax, eventually your home would be taken for payment of back taxes.


Condo property management can be found from websites such as Condo Inc and All Property Management. Another example of a website is Condo Association Management.


Condo insurance can be purchased at the same places that sell homeowners insurance and will cover the costs of your property inside your condo and will pay for damages incurred.


A property that has a tax lien will become the property of who is owed the tax when the owner dies. If the tax owed is a property tax, the property will probably be sold to pay the tax. If the tax lien is through the government the same thing will likely happen.


Resident property owner do pay property taxes to the state of Florida each year.


The owner of the property pays the tax on the income generated by the property. This is known as the "fruit of the tree doctrine."


No, you pay inheritance tax and, ultimately, property tax as the owner.


Depreciating real property is not a normal tax strategy.


The lender will require that you pay off the tax delinquencies with some of the proceeds of the loan if it decides to approve the loan. It cannot acquire clear title to the property if there are property tax liens.The lender will require that you pay off the tax delinquencies with some of the proceeds of the loan if it decides to approve the loan. It cannot acquire clear title to the property if there are property tax liens.The lender will require that you pay off the tax delinquencies with some of the proceeds of the loan if it decides to approve the loan. It cannot acquire clear title to the property if there are property tax liens.The lender will require that you pay off the tax delinquencies with some of the proceeds of the loan if it decides to approve the loan. It cannot acquire clear title to the property if there are property tax liens.


American citizens pay several types of taxes. They pay income tax, federal tax, and inheritance tax. Other taxes that are paid are property tax, wheel tax, and estate tax.


One can appeal property taxes at the end of every year. A tax bill is sent at every year to pay property tax from the government. It is your responsibility to pay these taxes.


Property taxes are generally the responsibility of the owner. They are paid for by the owner from the rent he or she receives. If the business owns a property and rents it to others, they must pay tax, but if the business rents the property, they do not.


No. Banks will pay the property tax before they foreclose to make sure the government does not place a lien on the house; thus, not allowing them to take ownership.


You work, you earn you pay tax, tax create public property damage public property, damage your own income.


You don't pay income tax. But you may still have to pay sales tax, gift tax, property tax, gas tax, motor vehicle tax, import duties, and any other taxes that may apply in your situation.



No, churches are tax exempt.


A property tax (or millage tax) is a levy on property that the owner is required to pay. The taxis levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality.


Your local hall of records -- the property tax division -- has a record of your purchase price.



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