Common Level Ratio Rises in Allegheny County

No. 1,267 The Common Level Ratio, established by the State Board of Equalization, increased from 1.09 to 1.15, effective tomorrow, July 1, 2016. This means that if a property is assessed at $100,000 and is transferred for lees-than-arms-length consideration, the realty transfer tax was formerly paid on $100,000 x 1.09 or $109,000.  Now it is […]

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CLIFF TUTTLE has been a Pennsylvania lawyer for over 45 years and (inter alia) is a real estate litigator and legal writer. The posts in this blog are intended to provide general information about legal topics of interest to lawyers and consumers with a Pittsburgh and Western Pennsylvania focus. However, this information does not constitute legal advice and there is no lawyer-client relationship created when you read this blog. You are encouraged to leave comments but be aware that posted comments can be read by others. If you wish to contact me in privacy, please use the Contact Form located immediately below this message. I will reply promptly and in strict confidence.

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