Summer 2025 FCIAAO Newsletter

Real Estate Taxes: A levy imposed on land and buildings. It is collected by a governing body. It can extend to personal property in some jurisdictions. North America is primarily an ad valorem tax system, and the levy is imposed on the estimated value of the property. The collected funds help the government maintain services within the jurisdiction.

MASS APPRAISAL Terminology 101

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STAYING APPRAISED

SUMMER 2025