Real Estate Techniques-(Some Aspects of Real Estate Management)

Real Estate Techniques

Feel free to ask any question about Real EState

Feel free to ask any question about Real EState

AGRICULTURAL LAND GRANTED BY THE STATE

AGRICULTURAL LAND GRANTED BY THE STATE

WHAT HAPPENS IF REAL PROPERTIES TAXES ARE NOT PAID ON TIME

WHAT HAPPENS IF REAL PROPERTIES TAXES ARE NOT PAID ON TIME

What Happens If Real Property Tax is Not Paid On Time (for Real Properties Assessed for the First Time) Computations below refers to a property assessed for the first time. If taxes are paid within the period prescribed by law, no penalty taxes are to be imposed. A ) Delinquent Years Assess Tax Tax Accum Annual No. MV Level AV Rate Due Rate Int. Total 1 2002 300,000 20% 60000 0.025 1500 72% 1080 2580 2 2003 300,000 20% 60000 0.025 1500 72% 1080 2580 3 2004 300,000 20% 60000 0.025 1500 72% 1080 2580 4 2005 300,000 20% 60000 0.025 1500 72% 1080 2580 5 2006 300,000 20% 60000 0.025 1500 72% 1080 2580 6 2007 300,000 20% 60000 0.025 1500 72% 1080 2580 7 2008 400,000 20% 80000 0.025 2000 72% 1440 3440 8 2009 400,000 20% 80000 0.025 2000 72% 1440 3440 9 2010 400,000 20% 80000 0.025 2000 48% 960 2960 10 2011 400,000 20% 80000 0.025 2000 24% 480 2480 Total Principal and Interest Payable 17000 10800 27800 B)Current Year 2012 This is current 800,000 0.025 2000 90% 1800 with 10% discount) C) On Advance Payment 2013 20% is granted If 2013 is paid before March 31, 2012 800,000 0.025 2000 80% 1600 Logged ALEJANDRO TAGAB LAGANSON, SR. Purok 25-A, Teachers Village, Calinan, D. C. Licensed Real Estate Broker PRC 0009807 Real Property Asessing Officer (CSC & DOF)ROR 3351 Email ad: priceisright1204@yahoo.com