The way I understand the PILOT agreement, the tax assessment changes
with every resale. For example, if an original owner buys at $400k and
sells 3 years later for $500k, the new assessment is based on the
$500k figure.
This works in reverse as well, and in a declining condo market, you
could
--- In AsburyPark@yahoogroups.com, Sharon Boone [EMAIL PROTECTED] wrote:
Don't know where all of you were, but the Veterans of all
persuasions, Catholic, Jewish, American Legion VFW, DAV, were all
gathered at the Menorial Park on 5th Ave., today. Big
congratulations to Jim Grabbe, of the
