real estate tax

Land ownership charge

Real estate tax is a tax levied on property ownership, typically by local governments to fund schools, roads, and public services.

The amount owed is based on the assessed value of land and any structures on it.

Also called property tax.

Our real estate taxes went up after the reassessment.

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levy · tax assessor · annual tax · real property tax · lien · impost · property value · rates · fair market value · school district · homeowner · parcel · county · dwelling · delinquent · mortgage · escrow · closing costs

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Government charge on earnings

payroll tax · sales tax · capital gains tax · consumption tax · value-added tax

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Tax on movable possessions

vehicle tax · wealth tax

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