Source: www.usaid.ba
Topic: Real Estate Law
Sort Desciption: ... the obligation and regulates the procedure for payment of real estate ... assessment year, which is not specifically exempted under the laws of District ...
Content Inside: DRAFT Law on Real Estate Tax Chapter 1. Establishment of the Tax Article 1. Establishment of the Brcko District Law on Real Estate Tax. The Law introduces the obligation and regulates the procedure for payment of real estate tax. The real estate tax is paid on the basis of ownership over real-estate, the right of use and the right of construction, as well as during sale, or another basis of transfer of real estate. Article 2. The meaning of the terms Pursuant to the Law certain terms have the following meaning: a. Assessed Value: The officially established market value of real estate for the purposes of applying this law. b. Market Value: The price for which real estate would sell and be pu ...
