Tag: Assessed Value

Posted on 02/19/2023
Ad valorem tax: What it is & how to calculate it
Latin for "according to value," the term "ad valorem" is...
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Posted on 10/23/2022
Ad valorem tax & other terms property owners should know
Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...
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