Understanding Honolulu Tax Map Key In 2023
June 4, 2022Understanding Honolulu Tax Map Key In 2023
Introduction
If you live in Honolulu or are planning to buy a property in the city, then you must have heard about the Honolulu Tax Map Key (TMK). It is a unique identification number assigned to each property in the city. In this article, we will discuss everything you need to know about the Honolulu Tax Map Key in 2023.
What is Honolulu Tax Map Key?
Honolulu Tax Map Key, also known as TMK, is a 13-digit number assigned to each property in the city. It is used by the government to identify and keep track of the properties for tax purposes. The TMK is used by the city’s Real Property Assessment Division to maintain an accurate record of property ownership and to determine the property’s assessed value.
Why is Honolulu Tax Map Key Important?
The Honolulu Tax Map Key is an essential component of the city’s property tax system. It helps the government to accurately identify and assess the value of each property in the city. The TMK is also used by real estate agents, title companies, and lenders to identify the property and its ownership information.
How to Find Your Honolulu Tax Map Key?
You can find your Honolulu Tax Map Key on your property tax bill or by using the city’s online property search tool. You can also visit the city’s Real Property Assessment Division to obtain a copy of your TMK.
Personal Experience
I recently purchased a property in Honolulu, and I had to obtain my TMK to complete the transaction. The process was straightforward, and I was able to find my TMK online using the city’s property search tool. The TMK helped me to identify my property accurately and ensured that I paid the correct amount of property taxes.
How to Read Honolulu Tax Map Key?
The Honolulu Tax Map Key consists of 13 digits, which are divided into three sections. The first section represents the island where the property is located, the second section represents the tax map, and the third section represents the parcel number. For example, if the TMK is 1-2-3-4-5-6-7-8-9-10-11-12-13, then the first section represents Oahu, the second section represents Tax Map 2, and the third section represents Parcel 3.
Benefits of Knowing Your Honolulu Tax Map Key
Knowing your Honolulu Tax Map Key can be beneficial in several ways. It can help you to accurately identify your property, obtain property tax information, and ensure that you are paying the correct amount of property taxes. It can also help you to resolve any property ownership disputes and make it easier to sell your property in the future.
FAQs
What is the purpose of Honolulu Tax Map Key?
The purpose of Honolulu Tax Map Key is to identify and keep track of the properties in the city for tax purposes.
How to obtain a copy of Honolulu Tax Map Key?
You can obtain a copy of your Honolulu Tax Map Key by using the city’s online property search tool, visiting the Real Property Assessment Division, or checking your property tax bill.
What does the Honolulu Tax Map Key consist of?
The Honolulu Tax Map Key consists of 13 digits, which are divided into three sections representing the island, tax map, and parcel number.
Conclusion
In conclusion, understanding the Honolulu Tax Map Key is essential if you own a property in the city or are planning to buy one. It helps the government to accurately identify and assess the value of each property and ensures that property owners pay the correct amount of property taxes. By knowing your TMK, you can obtain property tax information, resolve any ownership disputes, and make it easier to sell your property in the future.