GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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23:27 Jul 28, 2019 |
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Portuguese to English translations [PRO] Law/Patents - Real Estate / Legal matter on property of divorced couple | |||||||
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| Selected response from: Gilmar Fernandes United States Local time: 08:40 | ||||||
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4 +3 | type of location coefficient |
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type of location coefficient Explanation: You'll have to go literal here......perhaps this website will give you some light: https://uwu.pt/a/index.php/en/uwu-news/learn-about-the-new-r... We remind that a request for a new assessment of your property to the AT is an optional choice. You can always ask for a new assessment every three years. Considering the new rules, everyone who owns a property must take into account essentially three factors: 1. the ageing coefficient, which focus on the age of the property (in principle, properties lose value as time passes; so there is a possibility for your IMI to decrease if you ask for a new assessment, something you can do every three years); 2. the location coefficient (which was revised in 2015, may influence your taxable property value, depending on the location of your house); 3. the quality and comfort coefficient (which in light of the new rules, it is important to consider its factor of "location and relative operability"). |
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