Franklin Sewer Assessment Districts - The city of Franklin has implemented new policies and procedures for homes that are currently on septic tanks, but have access to Franklin City Sewer lines.
The following information was gathered by the Williamson county association of realtors. Click here for more on Franklin Sewer assessments.
A Sewer Assessment District allows property owners within the defined area to reimburse the city over time, usually 20 years, for all expenses related to extending the sanitary sewer line. The portion of the assessment allocated to individual property owners is based on each property’s appraised value, with all property owners paying their portion of the total project cost. Payment of the assessment is the responsibility of the current property owner. Remaining balances are not transferable and must be satisfied before the property can be sold.
The last part of the paragraph is the one that gets my attention. If you have Franklin real estate that you want to sell or buy, and it's on a septic tank, you need to know if the special assessment applies. If it does, the homeowner will have to pay it before it can be sold.
Click here to search for Franklin real estate, or Franklin homes for sale.
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