Real Estate

New disclosure requirements for sales of residential property

Effective January 1, 2013, the sellers of real property that is not served by a public water system will have to provide the buyer with certain information about the potential health effects of consuming contaminated groundwater and the availability of test kits from the Vermont Department of Health. According to the U.S. Environmental Protection Agency […]

Return to Annual Homestead Declarations

Vermont funds its educational system through a property tax system. The “education tax” is imposed on all homestead and nonresidential property, but at differing rates. The basis for classifying a particular property a homestead (and thus being taxed at a lower rate) is dependent upon the owner filing a “homestead declaration” with the Vermont Department […]