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Oct 07, 2010

New Vacant Property Rules Now In Effect

If you missed it, the District’s Department of Consumer and Regulatory Affairs has updated its regulations regarding vacant buildings inside the city. As of October 1, there are two new tax brackets for properties which are classified as vacant and/or blighted — the former will be charged $5 per $100 of assessed value, while the latter will be charged $10 per $100 of assessed value. Those are some fairly stiff penalties for an issue which is often a recurring issue in several neighborhoods.

 
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