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Ad Valorem Form

Ad Valorem Form

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throughout our Real Estate's our class we will talk about several math topics now I do want you to understand that this is a real estate exam with some math it's not a math exam with some real estate so what you have to do in some cases if you struggle with math sometimes you may have to pick your poison the first one is we're going to start off with our very very simple concepts now they may not always seem that way depend on what your math skills are but on these first ones you're not necessarily going to give points by knowing this we're going to expect you to be able to understand this topic so that you can answer a much more complicated question so our first math skill that we're going to talk about has to do with your real property taxes and your real property you are taxed on a local basis in your texts on what we call an ad valorem basis ad valorem just simply means ing to the value or remember from lecture when we talk about ing

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