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In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1]
Few states impose a tax on the value of property. The tax is based on fair market value of the subject property, and generally attaches to the property on a specific date. The owner of the property on that date is liable for the tax. [8] The amount of tax is determined annually based on market value of each property on a particular date, [9 ...
Value-in-use, or use value [2] – the net present value (NPV) [3] of a cash flow that an asset generates for a specific owner under a specific use. Value-in-use is the value to one particular user, and may be above or below the market value of a property.
You are basically subject to the rates determined by the municipal government and these tax assessors that assign property taxes to you based on the current market value of your home and ...
Property taxes are a type of “ad valorem” tax, which means “according to the value” in Latin — properties are taxed based on what they’re worth. Find Out: 30 Ways To Upgrade Your Home ...
Thus, if Oscar purports to sell a piece of land to Alice for $100,000, and the next day purports to sell exactly the same piece of land to Bob for another $100,000, then whichever of the two buyers is the first to reach the recording office and have the sale recorded will be deemed the owner of the property.
As a corollary to this exception, a landowner has superior claim over a find made within the non-public areas of his property, so if a customer finds lost property in the public area of a store, the customer has superior claim to the lost property over that of the store-owner, but if the customer finds the lost property in the non-public area ...
To do so, you must make a public records request by contacting your local county clerk's office or your state's department of justice, depending on the state you live in.