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1 vote
The Real Property Transfer Declaration is used by the to reconcile the closing documents.

1. City
2. IRS
3. County assessor
4. Employing broker

1 Answer

5 votes

Final answer:

The Real Property Transfer Declaration is utilized by the county assessor to align closing documents and assess real estate tax values based on declarations made by property owners.

Step-by-step explanation:

The Real Property Transfer Declaration is a document used by the county assessor to reconcile the closing documents. When inhabitants own property, such as houses, gardens, mills, fields, vineyards, etc., they are required to make a detailed declaration, under oath, of the real estate held in the municipality. The county assessor then establishes a value based on these declarations as the basis for calculating the tax owed. The accuracy of this information is critical, as it directly affects tax assessments and property owner's fiscal responsibilities.

answered
User Garvit Mangal
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