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Property Tax › Historic Preservation

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
Obermayer Rebmann Maxwell & Hippel LLP

History Has Its Eyes on You: Historic Preservation as the Basis for Property Tax Exemption

Obermayer Rebmann Maxwell & Hippel LLP on

​​​​​​​Earlier this year, the Pennsylvania Commonwealth Court concluded that historic preservation alone could serve as the basis for a property tax exemption. In other words, if an owner preserves a historic building, that...more

Sands Anderson PC

2017 Legislative Update: New Laws Impacting Commercial Real Estate Clients

Sands Anderson PC on

On July 1, 2017, new laws passed during the 2017 General Assembly session will go into effect in Virginia that may impact you as someone interested in commercial real estate. They run the gamut of issues touching on the real...more

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