LIAB SUBD = Liability Subdivision
An apportioning tool used to break up an assessment on a property with multiple tax statuses. If there is only one tax status on a parcel of land, the liability subdivision will always be 01. However, if there are differing tax statuses on a parcel each tax status will have a different liability subdivision. For the second tax status the number will be 02, for a third tax status the number will be 03, etc.
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