Blecher_onthe_Hudson t1_ja3g7vj wrote
Reply to comment by nuncio_populi in Property Taxes ~ Quick (dumb?) Question: if purchasing a condo for $600k with an assessed to value of $500k do the property taxes automatically adjust to the latest sale price of $600k? TIA by MarieSkiis
I believe it's actually every 10 years or when the ratio gets more than a certain percentage, I think it's like 15% and already past it.
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