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Private land owners including The Ross Foundation, Clark Timberlands, Anthony Timberlands. and Red River Texarkana that is managed by Hancock Forest Management giving annual leases to the Arkansas Game and Fish Commission. [9] Blevins WMA Hempstead: 128: 1991 [10] Blue Mountain WMA Logan: 8,200: Corps of Engineers property. [11] Brewer Lake ...
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
The proceeds from each sale of tax delinquent property are dedicated to public schools throughout the state. The Land Commissioner also serves as leasing agent for oil, natural gas, sand and gravel deposits on state lands, administers the beds of navigable rivers and streams, and is custodian of Arkansas' original land records. [4]
Taxes can be confusing. But it's important to understand how real estate and property taxes work, especially if you own land, a home or a vehicle. While many people use the terms interchangeably ...
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
The Winnebago Tribe of Nebraska will soon get back about 1,600 acres (647 hectares) of land the federal government took more than 50 years ago and never developed. A new law will require the U.S ...
In 2011, Altoona, Pennsylvania fully shifted its property tax so that it fell only on land [17] but reverted to a tax on land and improvements in 2016. The mayor cited two major reasons for the repeal: the limited impact of the change due to county and school district property taxes, and the unfamiliarity businesses and residents had with the ...
Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...
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