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STATE OF ALASKA DEPARTMENT OF TRANSPORTATION AND PUBLIC FACILITIESPARTIAL RELEASE OF MORTGAGE (Standard/Total Property)project name: ___state project #: ___federal aid project #: ___parcel #: ___
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Standardtotal property refers to the aggregate value of all the standard properties owned by an individual or entity, used for tax assessment and reporting purposes.
Individuals, businesses, and organizations that own standard properties are typically required to file the standardtotal property.
To fill out standardtotal property, include all relevant property details, valuations, and any applicable deductions in the designated forms provided by the tax authority.
The purpose of standardtotal property is to assess the value of properties owned for accurate tax calculation and compliance with local regulations.
Information that must be reported includes property addresses, types of properties, assessed values, ownership details, and any exemptions that may apply.
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