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Value of MPDU by State Assessment Office

The real estate taxes on an MPDU will be based on the MPDU price. The State Department of Assessments and Taxation is aware if a unit is an MPDU. The assessed value of the MPDU will reflect the maximum MPDU resale price. If an MPDU owner believes that their MPDU has been assessed incorrectly, they can appeal the assessment. After the control period has expired, the MPDU will be assessed at a market rate.
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Last Updated: 07/26/2016 15:54:14