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I recently learned about the concept of Allodial Title, a form of ownership of real property that exempts the owner from property taxes. This could protect land
by johnymontana 8y ago
I recently learned about the concept of Allodial Title, a form of ownership of real property that exempts the owner from property taxes. This could protect landholders in unincorporated areas from a huge surge in property tax when their land is then annexed into a city. Is Allodial Title common? I can't seem find many examples of it.
https://en.wikipedia.org/wiki/Allodial_title https://en.wikipedia.org/wiki/Allodial_title