The Collaborative Knowledge Article and Video Project about Buying and Selling a Home. With your writings, edits and uploads we can help people successfully complete what is probably the largest transaction in their lives, and avoid making costly mistakes. Both agents and consumers, we need your help to build this free resource.
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Articles with tag "mello-roos"
• Also known as Community Facilities District
• Area where property owners are required to pay for public bonds
• Taxes can pay for a wide range of services and facilities
• Taxes can extend for up to 40 years
• Act allows for flexibility in tax apportionment
• Maximum amount of tax must be summarized in public report with liens
• Not affected by Proposition 13
• Not affected by property sales
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