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June 5, 2012, CITY OF TREASURE ISLAND, FLORIDA BOARD OF COMMISSIONERS WORKSHOP June 5, 2012, IMMEDIATELY FOLLOWING THE COMMISSION MEETING I. DISCUSSION ITEMS: 1. Consideration of Res. 12-58, FANTASTIC

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What is consideration of res?

Consideration of res is a form or document that reports the value of real estate property being transferred or sold.

Who is required to file consideration of res?

The buyer or transferee of real estate property is required to file consideration of res.

How to fill out consideration of res?

Consideration of res is typically filled out with details of the real estate transaction including the sale price, property description, and buyer/seller information.

What is the purpose of consideration of res?

The purpose of consideration of res is to provide accurate information on the value of real estate transactions for tax and assessment purposes.

What information must be reported on consideration of res?

Information such as the sale price, property description, buyer/seller information, and any other details related to the real estate transaction must be reported on consideration of res.

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