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This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
At times, real estate agents may be present, still dealing with customers directly from the web. Real estate agents often profit by absorbing a certain percentage of the final sale or rent price as commission. There are cases where commission percentage hits a figure of 6% in America. [7] Internet real estate reduces the cost of an agent and ...
Cities are the only form of municipal government incorporated in Oregon. [1] While villages and hamlets exist in Oregon, they are created by Clackamas County only, [2] and do not resemble municipalities due to the limited nature of their powers and their lack of home-rule charters. [3]
Oregon City: This stately house, built in the late 1880s, is one of the finest examples of Italianate residential architecture in Oregon City. It was built for prominent citizen Harvey Cross, a county judge and state senator, investor in real estate and transportation infrastructure, [b] and promoter of the Chautauqua movement in Oregon. [14] 24
Oregon Ballot Measure 37 was a controversial land-use ballot initiative that passed in the U.S. state of Oregon in 2004 and is now codified as Oregon Revised Statutes (ORS) 195.305. Measure 37 has figured prominently in debates about the rights of property owners versus the public's right to enforce environmental and other land use regulations.
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