Palm Coast wants more sway in dealing with eyesore housing Feb 9, 2010
The ordinance would also declare any house in the process of foreclosure as "abandoned real property" even if it is still occupied. That would shift responsibility to the bank or other institution foreclosing on the house, said City Manager Jim Landon. (Daytona Beach News Journal -- Business)
5 Questions about Real Estate-Owned Properties Feb 7, 2010
Additionally, PB has had relatively little exposure to land investment or other types of speculative financing, where the primary source of repayment is real property (loan collateral) sale. Will this continue, or will problem loans turn into REO properties as the year progresses. (Phoenix Business Journal, AZ)
Families say they'll sue Kauai County over demolition Feb 7, 2010
"We never moved anything. That's the original," there from her father's time at least 40 to 50 years ago, said Lady Haumea, adding that the owners are current on their county real property taxes ... If a portion of his family's property is underwater as the county claims, he may seek retroactive rebates of real property taxes paid on property that if under ocean water is also uninhabitable, he said. (Honolulu Advertiser)
Public records for Feb. 5, 2010 Feb 6, 2010
SUITS: Citibank NA v. Jose G. Trejo, real property; Chase Bank USA NA v. Omar Rodriguez, in excess of $15,000; SunTrust Mortgage Inc. v. Brian Hayes, real property; SunTrust Mortgage Inc. v. Kevin D. Standberry, real property; U.S. Bank NA v. Sharon J. Smith, real property; State Farm Mutual Automobile Insurance Co. v. Sandra P. Perez, auto negligence; BAC Home Loans Servicing LP v. Danny L. Pyle, real property; OneWest Bank FSB v. Ricardo Feliciano, real property; PNC Bank NA v. John L. Cannon,... (Daytona Beach News Journal -- Local)
Lawmakers target real estate taxes Feb 6, 2010
The state Legislature has turned to the real estate industry in its search for additional revenue, proposing to levy a special 1 percent general excise tax on businesses that sell real property. The proposed tax, which would take effect July 1 and sunset after five years, would be on the gross proceeds of a sale, minus a real estate salesperson s commission and conveyance tax, and would apply to both commercial and residential properties. (Pacific Business News, HI)
Downtown Development Authority almost on ballot Feb 6, 2010
The proposed ordinance sets the authoritys boundaries and specifies that its board would consist of one city council member, two business lessees, two real property owners and two other eligible people appointed by the lessees or owners. Non-profit and for-profit property owners are eligible. (Montrose Daily Press, CO)
Developers may face Big Isle impact fees Feb 5, 2010
In other action, the Finance Committee approved a bill increasing the deposit for filing an appeal of real property taxes from $15 to $25. HonoluluAdvertiser. (Honolulu Advertiser)
Our property tax process needs repair Feb 4, 2010
Significantly, it also would bar a county assessment for real property from exceeding the price paid for it in the first year after a sale, if no improvements are made. If it seems like legislators are going beyond improving transparency, thats because theyve tried before to tackle property taxes. (Atlanta Journal-Constitution -- Opinion)
BH takeover ripped, praised (2460) Feb 4, 2010
The City of Benton Harbor, further lost potential to enrich it's resident community nor enhance the safety and pleasure of the community from, the myriad funds applied for and appropriated and granted used to benefit St. Joseph and Harbor Shores real property interest and NOT the City residents interest. The City of Benton Harbor also incurred ridicule for these same funds utilized by entities other than the City they erroneously claimed to be benefiting. (The Herald-Palladium)
Taxpayer group to meet Tues. Jan 30, 2010
The public is invited to attend this free presentation which will cover a variety of topics including how to read a property tax statement, how the State Equalized Value (SEV) is determined and how the property tax assessment process works, including an explanation of how real property taxes are calculated. Robert Huta, president of the Otsego Taxpayers for Accurate Assessments, will moderate and introduce presenters at both sessions. (Gaylord Herald Times, MI)
More of this story Jan 29, 2010
In a University of Oklahoma Board of Regents meeting on Wednesday, the Board of Regents approved RSU to participate in the Higher Education Master Lease for Real Property Program, which would allow the program to issue bonds at a later date on RSU s behalf for up to 1. 5 million. (Bartlesville Examiner-Enterprise, OK)
Morton faces challenges with 2010 budget Jan 28, 2010
Ad valorem taxes that apply to the general fund are taxes on real property, personal property and car tags. Butler said the local economy also depends on people spending money in Morton, through purchasing products and investing in businesses and housing. (Forest Scott County Times, MS)
Bonds are back in favour Jan 28, 2010
"Something underpinned by real property is a safer way of getting income.". . (The Age, Australia)
Proposal would privatize state liquor stores Jan 27, 2010
According to the Legislative Information Service, SB 443 "provides for the auction of 'package store' licenses to authorize the retail sale of alcoholic beverages for off-premises consumption. The bill also requires the ABC Board to sell or transfer all interest in real property utilized in the wholesale and retail sale of alcoholic beverages.". "The bill requires the ABC Board to set a fixed number of licenses for all localities, which shall be at a minimum one license for each locality of the... (Chatham Star Tribune, VA)
Governor unveils jobs and opportunities agenda Jan 27, 2010
In addition, the bill provides that when the sum of grants for job creation and real property investment exceeds the total annual appropriation for payments, allocations shall be prioritized to fully fund the grants for job creation with any remaining funds to be allocated to the real property investment grants. HB555. (Chatham Star Tribune, VA)
Malaysian property market to improve further this year Jan 26, 2010
"2010 will be a good year for all. "The property market for this year will improve as the number of transactions involving new housing and construction activities, increases," Abdullah Thalith told reporters at the Third Malaysian Property Summit 2010, here Tuesday. He pointed out that Malaysia is expected to steer towards a recovery path this year, driven primarily by domestic demand, with commodity prices for rubber, crude oil and palm oil also improving. These, he said would increase the... (The Star Online, Malaysia)
Text of governor's State of the State address Jan 26, 2010
Similar programs, which already exist in 15 states, assist residential and commercial property owners with the upfront costs of installing clean energy systems or energy efficiency upgrades by allowing them to borrow the money from the State and then repay the loans over a period of years via an annual assessment on their real property tax bill ... Similar programs, which already exist in 15 states, assist residential and commercial property owners with the upfront costs of installing clean... (Honolulu Star-Bulletin)
Institute plans more courses for realtors Jan 25, 2010
Wong also said the Governments recent amendment of the (5%) real property gains tax (RPGT), which would now only apply to properties sold within five years from their date of purchase, was a good call. The Government had previously wanted to impose the RPGT across the board, irrespective of the number of years of ownership, as announced in Budget 2010. (The Star Online, Malaysia -- Business)
Tax time warp snags online payment Jan 24, 2010
To explain why the late fee was assessed on Orcutt's bill, Cataldo pointed to Section 925 of New York Real Property Tax Law, which says payments shall be deemed to have been made on the date of the postmark on the envelope. Next, the law says, "If the postmark does not appear on such wrapper or the postmark is illegible, such payment shall be deemed to have been made on the date of delivery to such collecting officer.". (Albany Times Union)
Maui time-share taxes surge Jan 23, 2010
Those are unlikely to be resolved soon; the county has a backlog of appeals from two years ago, said Scott Teruya, Maui County s real property tax administrator. The method Maui County uses to calculate a time share s value has sent already high property taxes soaring. (Pacific Business News, HI)
New rules will enable lawyers to work in other states Jan 22, 2010
But Burr said these exams are geared for new law-school graduates, checking them on a broad variety of subjects like wills, trusts, real property and corporations. "I'm very pleased with how it all worked out," he said. (AZCentral -- Business)
TSX Venture Exchange Daily Bulletins for January 21, 2010 Jan 22, 2010
TSX-X -------------------------------------------------------------------------- ENSECO ENERGY SERVICES CORP. ("ENS") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: January 21, 2010 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation pursuant to a non-arm's length Asset Purchase Agreement dated October 28, 2009 between Enseco Energy Services Corp. (the 'Company') and Dewar Lake Ranch Inc. ('Dewar') wherein the Company agreed to acquire... (CCNMatthews Press Releases)
Supporters move forward in quest for ACC Jan 21, 2010
Necessary investments in the higher education plan for the County would be a tax on real property, now set at. 0954 per 100 of taxable value. (Elgin Courier, TX)
Higher taxes, less to spend Jan 21, 2010
Answer: Real property is generally appraised as of the date of death to establish a new basis for income tax purposes. The trust's terms will dictate whether date of death or date of distribution values are to be used. (Fresno Bee -- Opinion)
City residents learn their new assessments Jan 21, 2010
According to preliminary numbers from state and city real property officials, Auburn's 8,030 commercial and residential properties have a total taxable assessed income of 993 million. That is up from last year's 838 million. (Auburn Citizen, NY)
Funds hinge on charter vote today Jan 19, 2010
"The issue right now is $700 million that our real property taxpayers could use," Senate Republican Minority Leader Dean Skelos said, after the Senate broke for the night. 1. (Albany Times Union)
Council addresses fee increases, west-side election site Jan 19, 2010
To deliberate the purchase, exchange, lease or value of real property located: i. South of US 380, North of The Colony city limits and North of 121, East of FM 423, and West of Hillcrest Road C. Section 551 ... 072 Discussing purchase, exchange, lease or value of real property. (McKinney Courier-Gazette, TX)
Public records for Jan. 16, 2009 Jan 17, 2010
SUITS: Bank of New York Mellon v. Robert C. Hill II, real property; Bruce J. Shields v. Vincent Scolaro, auto negligence; BAC Home Loans Servicing LP v. Brian G. Thompson, real property; Provident Funding Associates LP v. Stephen G. Adkins, real property; Wachovia Bank NA v. Susan P. Callahan, real property; HSBC Bank USA NA v. Manuel G. Alatorrre, real property; Financial Freedom Acquisition LLC v. Barbara Jean Campbell, real property; U.S. Bank NA v. Julia M. Lozada, real property; Bank of... (Daytona Beach News Journal -- Local)
Gov: Mergers would save millions Jan 14, 2010
The consolidation plan would involve economic development, homeland security, crime and domestic violence, real property services and employment relations. The proposal calls for placing the Department of Economic Development and the into a new Job Development Corp. (JDC). (Albany Business Review, NY)
Real property taxes are due next month Jan 14, 2010
Published: Wednesday, January 13, 2010 3:10 AM HST LIHU E County officials would like to remind Kaua i property owners that the second installment of real property taxes for the 2009-2010 tax year is due by Feb. 20 ... Property owners who pay their real property taxes directly and have not yet received their property tax bills should immediately inquire at the Real Property Tax Collection office in the Kapule Building at the Lihu e Civic Center, 4444 Rice Street, Suite 463, or call 241-4272 ...... (Lihue Garden Island, HA)
MY VIEW: Urging Paterson to address key issues Jan 13, 2010
Moving forward with real property tax reform. I cannot stress more emphatically how necessary property tax relief is needed to rejuvenate our economy and unleash private sector job growth, provide much-needed relief to homeowners and help revolutionize New York s public education system. (Hudson Register Star, NY)
Amica Mature Lifestyles Announces Second Quarter Results For Fiscal 2010 Jan 13, 2010
Known risk factors include, among others, risks related to dependence on the ability of Amica's co-tenancy participants to meet their obligations; interest rate volatility in the marketplace; job actions including strikes and labour stoppages; possible liability under environmental laws and regulations, relating to removal or remediation of hazardous or toxic substances on properties owned or operated by Amica; risks associated with new developments, including cost overruns and start-up losses;... (CCNMatthews Press Releases)
City to hold meeting on assessments Jan 13, 2010
The meeting begins at 7 p.m. in Council Chambers at Memorial City Hall and will feature a presentation from the New York State Office of Real Property Services, according to City Assessor Susan Chandler. The Office of Real Property Services will give a presentation about what revalues do and don't do, Chandler said. (Auburn Citizen, NY)
County equalization director: Government budgets will lose revenue Jan 13, 2010
To comply with state directives, the Equalization Department conducts annual sales or appraisal studies for all classes of real property. These studies are used to equalize assessed values for each class of real property in the 10 local units of government within Otsego County. (Gaylord Herald Times, MI)
FoBoGro wins battle over alcohol license, late hours Jan 12, 2010
"I think they looked at our case versus Barbara Kahlow's and WECA and it was pretty clear-cut that the things they were saying - that we would have an adverse impact on real property values, noise, traffic, parking - it's ludicrous for a community corner store that's been there for a long time.". Hart said the process has been a long one. (GW Hatchet, Washington DC)
No comments posted. Jan 12, 2010
However, commonsense spending reductions, real property tax relief and targeted support for our small businesses can help put New York back on track and in fact, help our state play a lead role in emerging from the national recession. I am calling for a detailed recovery plan that will provide a strong recovery foundation for all of New York and upstate in particular. (Catskill Daily Mail, NY)
Property taxes on hold for cabins at Koke'e park Jan 12, 2010
LIHU'E, Kaua'i Lessees of cabins on state land in Koke'e State Park did not have to pay county real property taxes on their mountain getaways in 2008 and 2009, a county official said. Belma Baris, deputy director of the county Finance Department, said that, after the state Department of Land and Natural Resources assumed ownership of the Koke'e cabins in 2007 after the 25-year leases expired, the county stopped collecting real property taxes from the lessees ... "Until we receive notification... (Honolulu Advertiser)
Late father's fund just came to light Jan 12, 2010
He likely has transferred his real property and other assets to his trust to avoid probate. Or, it's possible his will creates a testamentary trust, under which the real property will be retained after his death. (Fresno Bee -- Business)
Property perking up Jan 11, 2010
He added that the Governments recent review of the real property gains tax would also help the secondary and sub-sale market. Glomac Bhd said the company would launch new phases at its township this year but didnt give details on when they would take place. (The Star Online, Malaysia -- Business)
EO Group and Conflict of Interest Law. Jan 11, 2010
No member of the Legislature or State officer or employee shall represent, appear for, or negotiate on behalf of, or agree to represent, appear for, or negotiate on behalf of, whether by himself or by or through any partnership, firm or corporation in which he has an interest or by any partner, officer or employee of any such partnership, firm or corporation any person or party other than the State in any negotiations for the acquisition or sale by the State or a State agency of any interest in... (Ghana Web, Ghana)
FISD 2010 attendance zones on Monday agenda Jan 11, 2010
A. Real property-551 ... Potential sale of real property. (McKinney Courier-Gazette, TX)
Lake Land leaders face several issues tonight Jan 11, 2010
The board also plans a closed session at the end of the meeting for discussion of litigation, the purchase or lease of real property and personnel issues. Also, action might be taken on the release of closed session minutes from past board meetings. (Mattoon Journal-Gazette, IL)
Yen for an answer to budget woes (96) Jan 10, 2010
But such a heist just means that the counties will be faced with the same dilemma, either cut programs and services or raise real property taxes ... Finally, lawmakers resorted to raising yet again the conveyance tax primarily on large transactions of real property with the thought that they could bleed wealthy snowbirds who want to purchase a second home in Hawaii. (Lihue Garden Island, HA)
'Beach privatization' discussed Jan 10, 2010
Latest Updated: Monday, January 04, 2010. Monday, January 04, 2010. (Lihue Garden Island, HA)
Letters for Sunday, January 3, 2010 Jan 10, 2010
ripped off wrote on Jan 3, 2010 7:01 AM:" It should be obvious to all now with the revelations of the past year that term" responsable government" is an oxymoron. With skyrocketing budgets of the last administration and tripling of property taxes based on illegal applications of policies by the Real Property Assessment Division (Tax Appeal Court case 07-0108), this administration is continuing to flaunt the law.The Mayor and his appointees including Finance Director Rezentes are unresponsive to... (Lihue Garden Island, HA)
Ballot battle continues after appellate court decision Jan 10, 2010
On the application for STAR exemption, available online from the state Office of Real Property Services, there is a warning that reads: Caution: anyone who misrepresents his or her primary residence, age or income shall be subject to a $100 penalty, shall be prohibited from receiving the STAR tax exemption for five years, and may be subject to criminal prosecution. According to New York state election law, to be qualified to vote, an individual must be over 18 years of age, a U.S. citizen, and a... (Hudson Register Star, NY)
Town Meeting Thursday, January 14Board Mulls Senior Tax Relief, Ambulance, Land Jan 10, 2010
"Mr. Gormley told Mr. McCormack the matter is one of perception."I don't think they're making the money you think they are," said Mr. Gormley.In other business, a town meeting was set for 6 p.m. Thursday, January 14, at the Town Hall Conference Room, 1212 Whittemore Rd.Town residents will be asked to vote on a transfer of land on Ferndale Avenue and a solid waste consortium ordinance.Planning and Zoning Commission Chairman Terry Smith told Voices that the McDonald family proposed a three-lot... (Voices, CT)
Who gets property after a death? Jan 10, 2010
He likely has transferred his real property and other assets to his trust to avoid probate. Or, it's possible his will creates a testamentary trust, under which the real property will be retained after his death ... Answer: Real property is generally appraised as of the date of death to establish a new basis for income tax purposes. (Fresno Bee -- Business)
Promising outlook for landed properties Jan 10, 2010
Ching says the Governments decision to impose a 5% real property gains tax (RPGT) only on property sales within the first five years of purchase instead of a blanket tax irrespective of date of purchase (as announced under Budget 2010) will boost buying interest. This is certainly a positive measure that will provide a much needed relief to the property sector. (The Star Online, Malaysia -- Business)
BAPTISM BY FIRE Jan 10, 2010
Report The Facts wrote on Jan 6, 2010 11:37 AM:" the MSB Real Property Website has no property listed at the Old Matanuska Townsite so Mr. Shor was probably SQATTING like most of the folks that live out there...so why not research the facts before you put it in the paper...he doesn't pay taxes because he doesn't own property therefore he is not entitled to Fire Department Response. Why not print the truth instead of a woah is me story which has the facts skewed. ". matt vally wrote on Jan 6,... (Wasilla Frontiersman, AK)
NY orders town to suspend public use of senior center Jan 10, 2010
Joe R alter ego wrote on Jan 8, 2010 9:41 PM:" Bravo to ExGreenLander for interjecting some common sense and fiscal realities to this issue. I think this would be an excellent time to bring some background to this story. Ms. Hammonds demand to the Town of Catskill to suspend the practice of holding meetings at the Catskill Senior Center has nothing to do with OCRs concern of compliance with CDBG regulations. The impetus to this ruling is in fact, much more nefarious in nature and... (Catskill Daily Mail, NY)
Kokee cabin lessees may have escaped property taxes (169) Jan 10, 2010
According to a county official, lessees of cabins on state land in Kokee State Park did not have to pay county real property taxes on their mountain getaways in 2008 and 2009 ... Published: Sunday, January 10, 2010 3:10 AM HST LIHU E Lessees of cabins on state land in Koke e State Park did not have to pay county real property taxes on their mountain getaways in 2008 and 2009, a county official said Friday ... Belma Baris, deputy director of the county Finance Department, said that, after the... (Lihue Garden Island, HA)
