Quote:
Originally Posted by Galakanokis
But the fine is only 10% of your property tax so most condo owners won't care about a couple hundred dollars. But $5k to $7k might be a little more of a problem. I'm just going by what's in that article and a few others I have read. Property experts don't think it will have a huge impact on the cost to rent.
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The fine is 1% of assessed value, not 10% of property taxes