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What is a non-ad valorem assessment?

April 26, 2017assessment non-ad valorem

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What is a non-ad valorem assessment?

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A non-ad valorem assessment is a fee or other charge payed through a property tax bill, but is not based on a property’s value like ad valorem taxes. Non-ad valorem assessments are subject to the same benefits, payment deadlines, and penalties as ad valorem taxes.