A doc issued by a governmental authority attests to the cost of actual property levies. This official report usually consists of particulars such because the property’s tackle, the proprietor of report, the tax 12 months, and the quantity paid. As an example, it’d function proof of cost throughout an actual property transaction.
This documentation performs an important function in property transactions, providing authorized assurance to consumers and lenders that excellent dues have been settled. Traditionally, such data have developed alongside taxation programs, turning into more and more standardized for readability and effectivity. Their existence safeguards property house owners from potential penalties and ensures a easy switch of possession. A transparent report of tax funds can even positively affect property values and facilitate entry to financing.
