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HOW TO GRIEVE YOUR NY REAL ESTATE TAXES -TAX GRIEVANCE, TAX APPEAL, CERTIORARI, EXEMPTIONS

By
Real Estate Appraiser with Appraiser, Ken Rossman Cert General RZ3504

HOW TO GRIEVE YOUR NY REAL ESTATE TAXES -TAX GRIEVANCE, TAX APPEAL, CERTIORARI, EXEMPTIONS

Where to Find Information Regarding How to Appeal or Grieve Your Property Taxes


Property Tax Grievance Guidelines vary widely by State and sometimes even by municipalities within a state.    A successful real estate tax appeal in most areas of the country is based upon first establishing the market value of your property. In order to reduce your property taxes you must prove that the value of your property is less than the valuation assigned by your assessing district (according to state law in most states, the assessment is deemed to be correct, and the burdon of proof, falls on the petitioner-homeowner to prove otherwise). A recent bonafide arms length sale of the subject property is the best evidence. If the property was not recently purchased, or the purchase was not at arms length (as in an inter-family sale, foreclosure or other sale made under conditions of distress), an appraisal by a state certified appraiser is the next best type of evidence, which is typically used to prove value of your home throughout the process.

New York  NYS Office of Real Property Services.    The Mission of the Office of Real Property Services is: "To lead the State's efforts to support local governments in their pursuit of real property tax equity."  Appeals must be postmarked no later than 30 days after final assessment roll is filed... Dates vary see - contact your town or village for the dates applicable for your property: Initial grievance must be filed with the board of assessment review, upon notice of board of assessment review's determination an appeal can be filed with the small claim assessment review section of the NYS Supreme court. A successful appeal is based upon first establishing the Market Value of your property. In order to reduce your property taxes you must prove that the value of your property is less than the valuation assigned by your assessing district (according to New York State Law, the Assessment is deemed to be correct, and the burdon of proof, falls on the petitioner-homeowner to prove otherwise). A recent bonafide arms length sale of the subject property is the best evidence. If the property was not recently purchased, or the purchase was not at arms length (as in an inter-family sale, foreclosure or other sale made under conditions of distress), An Appraisal by a New York State Certified Appraiser is the next best type of evidence, which is typically used to prove value of your home throughout the process. To determine if you are over assessed, you can multiply the estimated market value of your property by the residential assessment ratio (RAR-see listings above) that has been establshed for your assessing district. If the result is lower than your property's current assessed value, you may reasonably expect that your assessment be reduced to that amount with proper proof and timely filing in accordance with the guidelines set forth by the New York State Office Of Real Property Services.

How To Contest Your NY Assessment

How Estimates of Market Value are Determined for Residential Properties (NY)

Persons with Disabilities and Limited Incomes Exemption (NY)

Senior Citizens' Exemption (NY)

STAR Sxemption: School Tax Relief (NY)

Veterans' Exemption (NY)

Tax Grievance Information for many other states

Get A Free Initial Consultation With A New York Professional Independent Real Estate Appraiser If your one or two family owner occupied residence is located on Long Island or in New York City

Find a highly seasoned local appraiser who can appraise your real property for the pupose of grieving your real estate taxes

HOW TO GRIEVE YOUR NY REAL ESTATE TAXES -TAX GRIEVANCE, TAX APPEAL, CERTIORARI, EXEMPTIONS

Anonymous
Adam

Kenneth - thanks for the informative post!  How do you feel about tax grievance companies?  My neighbor told me they grieved their taxes using grieveourtaxes.com (doing a search revealed many other similar companies though) and was wondering if it makes sense to also go this route.

Apr 18, 2012 06:32 AM
#1
Douglas O'Connell
Cafe Realty/Tax Grievance Specialist - Cortlandt Manor, NY

Great post, thanks for the informative links

Jul 30, 2012 04:58 AM