Chapter 7 Flashcards
Newly constructed homes will receive how many tax statements in the year occupied
Two one for the land and one for the dwelling value
Tax statements are sent to owners no later than
Fourth Monday in November
When is the first installment of property taxes due?
December 20
When is the dollar amount of the circuit breaker program reviewed
Annually
A bail Bond Lien won’t be released until
Upon the court, ordered sentencing
Who has the highest priority in which mechanics liens will be processed?
Laborers
All assessed property values are based on the value determined on
January 1
What is the maximum time, excluding extensions, an HOA can lien a property
One year
At what age may one qualify for the circuit breaker program
65 or older
Occupancy tax applies to what type of property
Newly constructed homes not previously occupied
What period of time does one have to bring delinquent taxes current and not be subject to a tax sale
Three years
A mechanics lien shall remain on the property no longer than
Six months
How often are assessors required to make physical property valuations
At least once every five years
Homeowners exemption is available for
A primary dwelling
A mechanic lien must be personally delivered or mailed to the owner within what period of time from making the claim
Five business days
