Borken: Property tax reform guarantees lower loads for residential buildings!

Borken: Property tax reform guarantees lower loads for residential buildings!

in the city of Borken is a significant change that will directly affect the owners of land and houses! From January 1, the property tax reform, which ensures a fresh wind and at the same time causes excitement among those affected. For the first time, there is no longer a distinction between any land, but between living and non-living plots- a clear step to make the tax burden more fairly.

The new calculation method comes at the instruction of the Federal Constitutional Court, which has uncovered inequalities in the previous regulation. With this reformed approach, the city of Borken wants to ensure that homeowners who arise for their residential buildings are not excessively burdened. Over the years, buyers and sellers have already dealt intensively with the confusing topic of property tax - now the problem with fair distribution has come to an end!

What does that mean for Borken?

The city administration has ambitious plans to redefine the tax burden and to target the free land in particular. The effects will be noticeable; Owners must adapt to possible adjustments in the tax area. The distinction between residential and non-residential areas could lead to certain properties being more stressed- another reason for vigilance for everyone who deals with real estate in the region!