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March 01,2019

ARDA-ROC FIghts Property Tax Increase in TN

The effect of this change would change the formula for determining the taxes due from 25% of assessed value to 40% of assessed value. The ability for an owner to sell or market their interest when they no longer wish to own it is greatly affected by the fees and costs to own. Increases in property taxes will result in higher maintenance fees which average approximate $750/year per interval.

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