The Real Estate Encyclopedia
What Are Real Property Taxes?
Category - Home Ownership Questions - Home Insurance FAQ's

Real property taxes are ad valorem taxes.  Ad valorem is Latin meaning “according to valuation.”  Property taxes are computed on the assessed valuation of each property. 

Home Ownership Questions - Home Insurance FAQ's
Home Buying Questions - Buying Legal & Closing FAQ's
Home Buying Questions - General Home Buying FAQ's
Home Buying Questions - Insurances & Taxes FAQ's
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