The Guam Legislature has changed the assessed value rates from 70% to 90% to 100% and back to _____ in 2016.
90%
What is the minimum lot area per
... [Show More] dwelling unit for an agricultural zone except for above the northern aquifer?
10,000
Tax exemption for senior citizens is
80%
Bob wants to build a commercial building not complying the current setback requirements. To do this, he must go to GLUC and get an exception to the setback requirement before constructing the building. This exception is known as
Variance
Which of the following properties are NOT completely exempt from paying property taxes?
owned by resident for education purpose
Where do you go if you want to appeal the appraised value of your property for tax assessment?
Board of Equalization
Which organization on Guam is responsible for all issues related to zoning?
GLUC (Guam Land Use Commission), formerly known as the Territorial Land Use Commission (TLUC)
A construction with a 5-foot front yard setback in a residential zone is "grandfathered" as a non-conforming use. If the construction is destroyed and has to be completely rebuilt, which of the following is true?
The new building must conform with the current setback requirements.
According to Guam law, properties on Guam should be appraised ________ for tax purposes.
every 5 years
The Department of Revenue and Taxation is required to publish the "delinquent tax roll" of past due property taxes no later than what date?
June 8th
The Ex-Officio Tax Assessor and Collector on Guam is the
Director of revenue and Taxation
what properties are exempt from Guam property taxes?
Non-profit cemeteries, GOVGUAM-owned or federally-owned properties, and Properties owned by religious organizations (all the above)
The "Senior Citizen Exemption" on personal residential property is 80%, meaning that a senior citizen will only pay 20% of the normal tax. To qualify for this discount, the citizen must meet which of the following conditions?
At least 55 years of age & has lived on Guam for 5 years or more, and currently resides in the home.
The Board of Equalization is comprised of
5 members for 4-year terms
Alicia Cruz owns a house on Guam. She has already paid the first installment on her property taxes, but has not yet paid the second installment. According to the tax rolls, what are the due dates for her Second Installment?
Due on February 20, delinquent on April 20 [Show Less]