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Colour Image Name Value House price (game) House price (2016) [12] Location Notes Brown [a]: Old Kent Road: £60 £30 £813,000 SE1 SE14: The only location south of the River Thames; also the only one both outside and more than one tube stop away from the Circle line.
Most legal systems distinguish between different types of property, especially between land (immovable property, estate in land, real estate, real property) and all other forms of property—goods and chattels, movable property or personal property, including the value of legal tender if not the legal tender itself, as the manufacturer rather ...
Rate levels are set annually. The domestic rates are based on the capital value of the residential property on 1 January 2005. Valuation and rating of property is handled by Land and Property Services. Domestic rates are now unique to Northern Ireland within the United Kingdom.
The taxing authority requires and/or performs an appraisal of the monetary value of the property, and tax is assessed in proportion to that value. Forms of property tax used vary between countries and jurisdictions. Usually, ad valorem taxes are calculated as a percentage of the estimated value of the considered property. The estimated value of ...
Under a property-tax system, the government requires or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value. The four broad types of property taxes are land , improvements to land (immovable human-made objects, such as buildings), personal property (movable human-made objects), and ...
Values may change over time, and many states require taxing jurisdictions to redetermine values every three or four years. The value of property is often determined based on current use of the property, rather than potential uses. [25] Property values are determined at a particular valuation date for each jurisdiction, which varies widely.
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