Improper Property Tax Assessments

As a property owner, you may find yourself facing an unfavorable property tax assessment at some point. This can happen for a variety of reasons, including errors in the appraisal process, changes in the market, or even simple mistakes made by the county assessor. Regardless of the cause, an improper property tax assessment can have a significant impact on your finances and your property ownership experience. In this blog post, we will discuss how improper property tax assessments can impact you, why they occur, and how you can appeal them with the help of a property tax appeals attorney.

The first and most obvious impact of an improper property tax assessment is the financial burden it can place on you. If the assessment values your property higher than its actual worth, you will pay more in property taxes than necessary. Over time, this excess can accumulate, especially without correction of the assessment. Additionally, an incorrect assessment can also affect your ability to refinance your mortgage, sell your property, or even make improvements to your home.

So, why do unfavorable property tax assessments occur?

There are several factors that can contribute to this problem, including errors in the appraisal process, changes in the market, and even simple mistakes made by the county assessor. In some cases, the assessor may not have access to accurate data or may not be familiar with the specific characteristics of your property. In other cases, the assessor may not take into account important factors such as property condition, location, and recent sales data.

Process

If you find yourself facing an unfavorable property tax assessment, it is important to know that you have the right to appeal. The first step in the appeals process is to file a complaint with the County Board of Revision (CBR). You need to act within a certain period, usually in the first half of the year. The complaint must include the property owner’s name, address, and legal description of the property, the current value of the property, and the owner’s opinion of the property’s value.

At the CBR, you will have the opportunity to present evidence and argue that your assessment is incorrect. This can include things like recent sales data for similar properties in the area, property condition, and any other relevant information that would support your case. If the CBR finds that your assessment is incorrect, they will adjust it accordingly. If the County Board of Revision’s (CBR) decision doesn’t satisfy you, you have the right to appeal to the Ohio Board of Tax Appeals. This appeal requires filing within a set period, typically 30 days after the CBR’s decision.

While the appeals process may seem straightforward, it can be complex and time-consuming. This is where a property tax appeals attorney can help. A lawyer with experience handling property tax appeals can guide you through the process, helping to compile and present evidence, and argue your case to ensure your property’s valuation reflects its true market value. They also help with paperwork and deadlines, ensuring your appeal is timely processed.

In addition to challenging property tax valuations, a property tax appeals attorney can also assist property owners with property tax exemptions and abatements, which can provide relief from property taxes for certain groups such as veterans or senior citizens.

Conclusion

In conclusion, improper property tax assessments can have a significant impact on your finances and property ownership experience. If you find yourself facing an unfavorable assessment, it is important to know that you have the right to appeal. With a property tax appeals attorney’s assistance, you can effectively navigate the appeals process, compile and present necessary evidence, and argue for a fair market assessment of your property. Contact Brenden Kelley Law today at 216-644-3359 to discuss your property tax appeal.


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Explore our other Blog Posts for Property Owners: Unlock the Secrets to Lowering Your Cuyahoga County Property Taxes and Navigating a Hearing at a County Board of Revision in Ohio: What to Expect for Your Property Tax Complaint.

Additional Resources: Understanding Property Taxes in Ohio – This page from the Ohio Department of Taxation provides an in-depth look at how property taxes work in Ohio, including assessment processes and taxpayer rights. Board of Revision Filing Guide – Cuyahoga County’s official Board of Revision page offers a step-by-step guide on filing a property tax complaint, including deadlines and requirements.