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2. Vacancy defect - Wikipedia

   en.wikipedia.org/wiki/Vacancy_defect

   Vacancies occur naturally in all crystalline materials. At any given temperature, up to the melting point of the material, there is an equilibrium concentration (ratio of vacant lattice sites to those containing atoms). [2] At the melting point of some metals the ratio can be approximately 1:1000. [3] This temperature dependence can be modelled by

3. Ad valorem tax - Wikipedia

   en.wikipedia.org/wiki/Ad_valorem_tax

   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 ...

4. Vacant possession - Wikipedia

   en.wikipedia.org/wiki/Vacant_possession

   Vacant possession refers to the typical condition in which a seller must hand over a property to a buyer upon completion, or a tenant must return the property to a landlord at the end of a lease. In simple terms, it means that the rightful person, such as a buyer or a landlord, can peacefully and fully utilize the property.

5. 1978 California Proposition 13 - Wikipedia

   en.wikipedia.org/wiki/1978_California_Proposition_13

   In 2019, WalletHub applied California's statewide effective property tax rate of 0.77% to the state median home market value of $443,400; the annual property taxes of $3,414 on the median home value was the 9th-highest in the United States. [31]

6. Property tax - Wikipedia

   en.wikipedia.org/wiki/Property_tax

   Rates vary across the states, between about 0% and 4% of the home value. [68] The assessment is made up of two components—the improvement or building value and the land or site value. The property tax is the main tax supporting local education, police, fire protection, government, roads, and most infrastructure, e.g. sewers, bridges, street ...

7. Residual value - Wikipedia

   en.wikipedia.org/wiki/Residual_value

   After a usage of 36 months and 50,000 miles (ca. 80,467 km) its value is contractually defined as $10,000 or 50%. The credited amount, on which the interest is applied, thus is $20,000 present value minus the present value of $10,000 future value. Residual values are contractually dealt with either in terms of closed contracts or open contracts.