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| | #51 | |
| Registered User Member Since: Mar 2007
Posts: 67
| More importantly, are the fees (M&O, ROAD and STD) for those properties going to be waived after the houses are demolished? Quote:
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| | #52 |
| Honorary SMIB Member Since: Oct 2008 Location: North Beach
Posts: 979
| Probably since the current owners will have to give up ownership. That's why I asked earlier if the property was reverting to Calvert County or POACRE. |
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| | #53 |
| Registered User Member Since: Apr 2010 Location: in a house
Posts: 65
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| | #54 |
| Registered User Member Since: Aug 2005
Posts: 22,214
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| | #55 |
| Registered User Member Since: Apr 2010 Location: in a house
Posts: 65
| It is my understanding that this property will be reverted to green space and the county will own it according to the public notice published by the Calvert Recorder. Nobody pays M&O or Roads fees for green space. Nobody pays M&O on an empty lot. |
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| | #56 | |
| Registered User Member Since: Aug 2007
Posts: 191
| Quote:
If you own more than one lot you only pay one M&O. Last edited by softtouch; 02-12-2013 at 04:40 PM. | |
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| | #57 | |
| Registered User Member Since: Jun 2007
Posts: 751
| Quote:
A property owned by an individual is not an "Empty" or vacant lot... If you own the property, improved or not you still pay taxes and you still pay all associated fees that go along with the deed... This means the Property Owners association will loose money on those lots that are being turned over to green space.... So I guess our fees will be going up to cover those loses as well... Everything rolls downhill.. June
__________________ If its simple enough for a child to understand it should be simple enough for others! Last edited by ladyhawk; 02-12-2013 at 04:47 PM. | |
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| | #58 |
| Registered User Member Since: Jul 2010
Posts: 583
| How are those fees calculated ? Per lot, a mill-rate on the assessed value ? A 'greenspace' lot is going to be assessed at a nominal value. |
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| | #59 | |
| Registered User Member Since: Apr 2010 Location: in a house
Posts: 65
| Quote:
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| | #60 | |
| Registered User Member Since: Jun 2007
Posts: 751
| Quote:
If I remember correctly (and if I get this wrong, someone please correct me...) Green space lots are taxed at a lower rate but still belong to the association who is ultimately responsible for those taxes... and there are rules in how they are used.. June
__________________ If its simple enough for a child to understand it should be simple enough for others! | |
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