Each state has a different interest rate for property taxes, which is based on a percentage of the total amount owed. The typical interest rate on a property tax is in the range of 5% and 20%.
However, you can use the formula provided below to determine the buyer's property tax payment amount;
Property tax = base value × built-up area × Age factor × type of building × category of use × floor factor
Get expert legal assistance service for property document verification from NoBrokerI hope this helps:)
Read More:
How to Know Property Tax: Formula?Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
How much it will cost to get a property tax card for a new buyer who bought a flat in 2019 May?
neil 37
12 Views
1 Answers
1 Year
2023-03-12T20:41:01+00:00 2023-03-12T23:29:06+00:00Comment
Share