Ad valorem tax definition
Ad valorem tax means only the general property tax levied annually on real or personal property listed with the county assessor.
Ad valorem tax means a tax based upon the assessed value of property. The term “property tax” may be used interchangeably with the term “ad valorem tax.”
Ad valorem tax or 'property tax' means a tax imposed upon the assessed value of real
Examples of Ad valorem tax in a sentence
Ad valorem tax for the calendar year in which the Closing shall occur shall be tendered under Texas Tax Code Section 26.11.
Ad valorem tax prorations shall initially be made based on the previous years’ taxes and shall later be adjusted to reflect the current year’s taxes when tax bills are finally rendered.
Ad valorem tax increases attributable to Lessee’s improvements shall be the expense of Lessee alone.
Ad valorem tax is the property tax on the vehicle that is paid each year when purchasing a license plate.
Ad valorem tax is a property tax and is NOT related to the usage of a vehicle.
More Definitions of Ad valorem tax
Ad valorem tax means a tax based upon the assessed value of property.” Section 192.001(1), F.S.
Ad valorem tax means a tax based upon the assessed value of real property.
Ad valorem tax means the real property taxes imposed by the City on the Property, including all Improvements and Business Personal Property, but excluding any mineral estate.
Ad valorem tax means the proceeds of the City’s ad valorem tax (currently five (5) mill) levied on taxable property in the City for general governmental purposes, and shall be fixed and remain at five (5) mill and shall exclude any increases in such ad valorem tax that may occur prior to the receipt by the Company of the Final City Payment (as defined herein).
Ad valorem tax means the tax assessed by a state or local governmental unit secured by the Debtor’s personal or real property pursuant to state and/or local law.
Ad valorem tax means the tax levied in proportion to the value of saleable products extracted, as defined by law.
Ad valorem tax means a tax based upon the taxable