This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
Personal Property Form Inland Marine In Fairfax
Category:
State:
Multi-State
County:
Fairfax
Control #:
US-00123
Format:
Word;
Rich Text
Instant download
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FAQ
To qualify for real estate tax deferral, you must be at least 65 years of age or permanently and totally disabled. Applicants who turn 65 or become permanently and totally disabled during the year of application may also qualify for tax deferral on a prorated basis.
The tax rate for most vehicles is $4.57 per $100 of assessed value. For properties included in a special subclass, the tax rate is $0.01 per $100 of assessed value.
Inland marine coverage does not offer protection for buildings, equipment that is permanently installed in buildings, or vehicles. In addition, it will not cover: Property while airborne. Property that is underground.
Inland Marine on the other hand covers your personal property anywhere it is within the coverage territory. This is a crucial distinction for many businesses. It is important to note that neither of these covers a building or real property.
Loss or damage due to improper packing. Financial default or insolvency of owners, charterers, managers, or operators of the vessel. Loss or damage due to wire, strike, riot, and civil commotion. Loss or damage arising from the use of nuclear fission, weapon, or any other radioactive force.
Inland marine insurance does not cover: Stationary property at your main location. Your business vehicles. Damage from earthquakes and floods.
Inland marine insurance is property coverage for material, products or equipment that moves or is transportable, and/or is instrumental in transportation or communication. This type of policy also typically covers property that is owned by someone else but stored at the policyholder's location.
Virginia Program Overview. The Commonwealth of Virginia does not offer property tax relief programs. However, most Virginia cities, counties, and towns offer some form of personal property tax relief to homeowners age 65 and older, and to homeowners with disabilities.
A personal property tax is imposed by state or local governments on certain assets that can be touched and moved such as cars, livestock, or equipment. Personal property includes assets other than land or permanent structures such as buildings.