|
|
What are
1915 Act
Districts? |
|
|
1915 Act Special Assessment are property
tax charges that pay for certain public improvements such
as roads, sewer, water, and utility construction. Like
other property tax charges, 1915 Act districts require
a 2/3 vote of approval by property owners. |
|
|
|
|
|
Why Do I
Need To
Disclose? |
|
|
Effective January 1st, 2002, 1915
Act Assessment districts must be disclosed by the seller
to property buyers. A Notice of Special Assessment must
be included to describe the district. To learn more about
Senate Bil 1122, click
here. |
see
also Disclosure Legislation |
|