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Practice Of Real Estate DisclosuresMello_roos_and_special_taxesEASY

A California listing agent needs to determine the exact annual Mello-Roos special tax amount for a property before completing disclosures. Which source provides the most direct and reliable information?

Correct Answer

A) The county tax collector's office or the property's annual tax bill

The county tax collector's office and the annual property tax bill are the primary sources for Mello-Roos special tax information. The tax bill itemizes the Mello-Roos charge as a separate line item distinct from ad valorem property taxes, showing the current annual amount owed. This is the most accessible and authoritative source for disclosure purposes.

Answer Options
A
The county tax collector's office or the property's annual tax bill
B
The California Department of Finance's municipal bond registry
C
The CFD administrator or bond counsel retained by the issuing agency
D
The title company's preliminary report from the most recent sale

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Related Topics & Key Terms

Key Terms:

mello_roosinformation_sourcetax_billcountyGov_Code_53340

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