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Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
Maryland House Bill 107, also known as HB107, is a Maryland state law passed in 2022 that mandates that condominiums, housing associations, cooperatives, and homeowner associations complete a reserve study by October 1, 2023. [1]
In 2020, there were 3,903 hotel properties in Florida, consisting of 458,721 hotel and motel rooms. [1] In 2019, the American Automobile Association reported that Florida was the 2nd cleanest state in the U.S. by hotel cleanliness, having 485 hotels in the top 25%.
A new year also means new laws in Florida. The Florida Legislature passed the laws earlier this year and they take effect Jan. 1, 2024: SB 784 gives local law enforcement agencies the ability to ...
The Florida Constitution defines how the statutes must be passed into law, and defines the limits of authority and basic law that the Florida Statutes must be complied with. Laws are approved by the Florida Legislature and signed into law by the Governor of Florida. Certain types of laws are prohibited by the state constitution.
The bills apply to landlords and property owners and should be passed by the Legislature even if landlords, property owners and the real estate industry see the disclosure of flood information as ...
The late actor’s home was officially sold for $8.5 million nearly one year after his sudden death on Oct. 28, 2023 ... Sales of previously owned homes fell 1% in September compared with August ...
The value of most homes is usually determined based on sales of comparable homes in the immediate area. Valuation adjustments may be necessary to achieve comparability. Among the factors considered in determining if a property is comparable are: Nature of the property (house, office building, bare land, etc.) Location; Size