Is all Real Property taxed?

No.  Exempt real estate includes property owned by governments, and property used as non-profit cemeteries, exclusively for religious worship, for schools and colleges, and for purely charitable purposes.  However, exemption is not automatic, and it is the responsibility of the property owner to show the property should be exempt from ad valorem taxes.

Show All Answers

1. What is Real Property?
2. What are Assessment and Reassessment?
3. Why is Reassessment Necessary?
4. How Often is Property Reassessed?
5. What Happens in the Even Year?
6. Is all Real Property taxed?
7. If No Improvements Have Been Made to My Property, Why Should the Assessed Value Increase?
8. What is Market Value?