How are ad valorem taxes paid? A) In arrears B) In advance monthly C) Monthly D) Quarterly

Ad valorem taxes are typically paid in arrears, which means that they are assessed after the tax period has ended. This is common for property taxes, where homeowners receive a bill based on the value of their property and any applicable rates after the tax assessment is complete, often due annually or semi-annually. In many jurisdictions, the payment frequency may vary but is usually annual or semi-annual, providing homeowners a chance to budget for these expenses. So while "D) Quarterly" might seem tempting, it's important to check local regulations since payment schedules can vary widely depending on the locality.