Property OwnershipCondos CoopsEASY
The property taxes for a condominium unit are paid by the:
Correct Answer
A) board of governors.
Property taxes are based on assessed value, paid semi-annually in CA.
Answer Options
A
board of governors.B
homeowners’ association (HOA).C
owner of the condominium.D
subdividers who constructed the property.Video Explanation2 min
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Related Topics & Key Terms
Related Topics:
property-ownership-structureshoa-governancecondo-financial-management
Key Terms:
condominium ownershipproperty tax liabilityDavis-Stirling ActHOACalifornia Revenue and Taxation Code
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