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According to data from RCLCO Real Estate, the Holding Company of the Villages sold 2,231 homes in 2017, a 13% increase over 2016. The Villages was the top-selling master-planned community in the United States in 2017 and one of only four communities to sell more than 1,000 homes.
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.
This time, it’s the residents of SurfSide Club South in Ormond Beach crying foul after they were billed over $100,000 per condo owner. Don't miss. Commercial real estate has beaten the stock ...
Across Florida, aging condo buildings are facing rising expenses and millions of dollars in structural repairs to comply with new regulations following the collapse of the Champlain Towers ...
The administration of real estate tax is handled by the municipality in whose territory the real estate lies. In cities with multiple city districts, the tax administration of real estate tax is handled by the department of local taxes and fees and not by the city districts. For example, Bratislava or Košice. [55]
Florida, for one, has lost several insurers as they flee the state, which only worsens the issue for homeowners because they either face wildly high costs or struggle to find coverage at all ...
In 1983, Morse moved to Florida to take over his father's business selling vacant lots to mobile home owners. Morse instead decided to build homes, restaurants, pools, and golf courses, and by 1986, Morse was selling more than 500 homes per year. In 2011, the Holding Company of the Villages Ltd. generated at least $550 million in revenue.
Fort Myers real estate agent Claudia Springgay told NBC2 she’s also seen 1,000 more condos on the market this May compared to last year, pointing to higher association fees that have ...