Increased property values and a booming rental economy has given way to exorbitant commercial and residential ad-valorem property taxes.
Property owners in Florida are taxed annually by the County Property Appraiser for ad valorem taxes. These taxes can be crippling for commercial property owners or tenants, especially in light of the hyper inflated property values across the State of Florida. Tenants often must pay these taxes due to the structure of their commercial leases. As a property owner and commercial tenant, paying close attention to the values being assessed, is of utmost importance.
There is good news! Florida allow property owners to contest and appeal their tax valuations via an administrative process at the “Value Adjustment Board”. In the event the outcome is not acceptable, we will also mediate or litigate for a lower adjustment. Our attorneys bring a wealth of experience to the table. They are also Florida real estate brokers and acutely familiar with valuation methodologies.
Contact us for a free consultation.