Real Estate Update
NAR’s latest Consumer Guide provides an overview of property taxes, exemptions, reassessments, and more to help buyers and sellers navigate real estate transactions.
Property taxes are one of the expenses associated with homeownership, yet many buyers — especially those purchasing for the first time — have questions about how they work. The latest Consumer Guide by the National Association of Realtors® provides clarity on some key details and facts.
In its 24th guide, Property Taxes, NAR provides an overview of property taxes and how they are calculated. The guide also covers exemptions and reassessments, among other associated topics. The guide is the latest addition to NAR’s Consumer Guide series to assist buyers and sellers as they navigate real estate transactions and make informed decisions.
All of NAR’s Consumer Guides in the series, along with other resources, highlight the value of working with a Realtor® with an eye on the practice changes that began Aug. 17.
The guides can be viewed at the NAR website facts.Realtor. The Consumer Guides can also be printed as handouts. Most are available in English and Spanish.
For the most up-to-date information about the practice changes, including videos, infographics, and new and revised forms and contracts, check the Florida Realtors®’ NAR Settlement Resource Guide webpage frequently.
Source: https://www.floridarealtors.org/law-ethics/nar-settlement-sitzer-burnett-lawsuit
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