Rental Value

Domestic Rates: Understanding Property Taxation Based on Rental Value
Domestic Rates refer to a previous system of property taxation based on the rental value of properties. This comprehensive guide delves into its historical context, types, key events, and detailed explanations, with examples, related terms, and FAQs.
Rateable Value (RV): An Estimate of a Property’s Open Market Rental Value
Rateable Value (RV) is a key concept in real estate and property taxation. It provides an estimate of a property's open market rental value, playing a crucial role in determining property taxes.

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