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STANDARD AGREEMENT FOR THE SALE OF REAL ESTATE ASR This form recommended and approved for, but not restricted to use by, the members of the Pennsylvania Association of REALTORS (PAR). PARTIES BUYER(S):
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PAR stands for Property Assessment Report. It is a report that provides information about the assessment of a property's value, which is used for tax purposes.
Property owners or their authorized representatives are required to file PAR.
PAR can typically be filled out online or through a paper form provided by the tax authority. The form will require information about the property, its ownership, and its assessed value.
The purpose of PAR is to provide accurate and up-to-date information about a property's value for taxation purposes, ensuring a fair and equitable assessment of property taxes.
The information required to be reported on PAR may vary depending on the tax authority, but typically includes details such as property address, owner information, property characteristics, and assessment value.
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