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An accent wall or feature wall is an interior wall whose design differs from that of the other walls in the room. The accent wall's color can simply be a different shade of the color of the other walls, or have a different design in terms of the color and material. [1] Accent wall offers a simple, stylish way to add colours to a room. [2]
Assessor's parcel number. An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic ...
Lot and block survey system. A contemporary plat map used in the lot and block system. The lot and block survey system is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the recorded plat survey ...
In France, the property tax is a local tax payable by all owners of real estate located in France. This tax is used to finance the budget of local authorities. The property tax comprises three different taxes: the tax on built properties, the tax on unbuilt properties, and a tax on household waste removal.
In Canada, payment in lieu of taxes are made in place of property taxes on real property owned by federal, provincial, and municipal governments and government agencies to local governments and reserves. [ 4] They need for PILTs arises from Section 125 of the Constitution Act, 1867 which prohibits levels of government from taxing real property ...
Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and ...
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a centralized ...
However, many real estate professionals across the board say skipping out on an inspection is a surefire way to find yourself saddled with a money pit. Why new homes are in bad shape