Tax District


Definition of "Tax district"

Region or locality that assesses real estate taxes on the properties located within its borders. Frequently, the local county or city is the property taxing jurisdiction which is empowered, by law, to assess taxes on real property.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Date Of Plan Termination

Stipulation of the exact time when the pension benefit guaranty corporation assumes the legal liabil ...

Uberrimae Fidei Contract

Agreement "of utmost good faith." Under law, it is assumed that insurance contracts are entered into ...

Insuring Clause

Essential part of an insurance policy. It names the individual (s) covered, property and locations c ...

Escrow Account

In a home mortgage transaction, a deposit account maintained by the lender and funded by the borrowe ...

Bench Error

Mistake made during the manufacturing process of a product that results in an inherent defect in the ...

Vendee's Lien

Legal right of the buyer of real estate for the acquisition price paid if the seller does not render ...

Related Real Estate FAQ

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

What Does A Back-end Ratio Mean?

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

What Is A Second Mortgage?

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Real Estate Open House - The Dos and Don How to become a real estate agent Rent or Buy - the pros and cons 7 Tips for a First Time Homebuyer 5 U.S. Cities with the Best Public Transportation

FAQ

What is an interest rate? What is a home warranty? What is homeowners insurance? What is hazard insurance? What is Freddie Mac?