by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate taxation, a tax roll is the official record maintained by a local taxing authority that lists all taxable property within a jurisdiction. It includes descriptions of each parcel, the name of the owner, the assessed value, and the amount of taxes due....
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate taxation, the tax rate is the amount of tax levied in relation to the assessed value of property. Traditionally, it has been expressed as a specified number of dollars per one hundred or one thousand dollars of valuation. In modern usage, it is often...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate law, a tax lien is a lien imposed for the nonpayment of taxes. A property tax lien attaches only to the specific property on which the taxes are delinquent and may ultimately lead to a tax sale if unpaid. A federal income tax lien, by contrast, attaches...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate and tax law, a tax free exchange is the trade or exchange of one real property for another without recognizing income tax on the gain at the time of the transaction. Instead of paying tax immediately, the gain is deferred under the provisions of Section...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate finance, a take out loan is permanent or long term financing that replaces short term construction financing after a project has been completed. It is used to pay off the construction loan and provide stable repayment terms. Take out loans are typically...
