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Property tax
Property taxes are calculated at about 1.5 percent of the current market value.
Related Terms
Community property
Property tax deduction
Multidwelling property
Two- to four-family property
Right of first refusal
Distressed property
Personal property
Property value
Classified property tax
Incurable defect
Deferred maintenance
Partnership
Income property
Short Sale
Foreclosure
Appreciation
Bequest
Conveyance
Depreciation
Second mortgage
Access
Adverse use
Appraisal
Appraised value
Chattel
Commercial property
Comparables
Contiguous lots
Conveyance tax
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