Annual property tax grievance process

By
Real Estate Agent with 406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) 10301213186

"My taxes are too high!!!!" This is often said by home owners in Orange and Rockland Counties of New York. Once a year those home owners have the ability to grieve their property taxes. Most are not aware of the process or are afraid it might be too cumbersome, and they don't do it. But grieving taxes is a free process that can only help the home owner; taxes cannot be raised as a result of a request. Below are more details regarding the methodology for asking for a tax assessment decrease.

 


Regardless of what town or village you live in, your property taxes are based on the town's calculation of the assessed value of your property. The entire point of a tax grievance is to reduce your home's assessed value. The town's assessed value can be very different from what the market value is, as market value is constantly changing. When market value drops, assessed value typically does not. So you could be paying taxes on a high valuation. And that's not good for your wallet!

 

Once a year, usually in the Spring, each town has a grievance process which is outlined on their web site. The home owner would need to complete some documentation and submit to the correct person in their town before the tax grievance date. In many areas, the documentation does not need to be personally presented at a meeting, as long as it is submitted correctly and completely. Following is an overview of what is required, as well as some sources of information for specific communities:

 

First, a home owner would need to complete the New York State Department of Taxation and Finance's complaint of real property assessment, which is form RP-524 located here.  The form requests the following data:

 

  • Name, telephone number and address of owners.
  • Property location, school district, property tax map number and current town assessment value.
  • Property value information such as purchase price and date, any recent sale activity, appraisals and/or improvements.
  • Reason for assessment request - unequal assessment, excessive assessment, unlawful assessment or misclassification. An unequal assessment might mean that your home uses a higher assessment ratio than other homes in that town. An excessive assessment is one where the assessed value is higher than the full value of the property. This would be the most likely option if grieving because taxes are too high. An unlawful assessment is either being assessed by the wrong town, being exempt due to non-profit status, or other reasons. A misclassification would be when a homestead property is designated as non-homestead, or visa versa.

 

If you are claiming that the current market value of your home is lower than the assessed value, you should also include either a recent industry-provided appraisal report, or a comparable market analysis from a realtor. While you will need to pay for a formal appraisal report, most real estate salespersons/brokers would be happy to provide an analysis to you, usually at no fee (if you are in the Orange County NY or Rockland County NY areas, I'd be happy to provide that information at no charge). The data would need to be valid as of that town's valuation date. In our area, July 1st of the previous year is typically the valuation date. This means that any analysis for a tax grievance in 2018 must be based on sales and market activity from July 1, 2017.

 

Following are links to many of the town assessment websites in Orange and Rockland counties. Please note that all of the towns below follow similar schedules with grievance dates on the 4th Tuesday of May, and grievance packages being accepted during May (up to the 4th Tuesday). See below for more information for your particular area.

 

Orange County

 

Rockland County

 

There is really no reason to NOT try to have your assessment corrected. There is no fee to request a review and the process really isn't very difficult. I have successfully grieved my own personal taxes, so do have some experience. If you would like any assistance, just let me know! I can be reached at kat@thehousekat.com, or at 914-419-0270.

 

Here's wishing you success with your tax reduction request!

 

 

 

Originally published at thehousekat.com.

Posted by

 

Kat Palmiotti, The House Kat

Licensed Associate Broker, CBR®

Grand Lux Realty, Inc.

428 Main Street

Armonk, NY 10504 *

* still supporting Monroe NY, Orange & Rockland counties.

 

914-419-0270 (cell)

email: kat@thehousekat.com

www.thehousekat.com

facebook    Kat's Homes

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,219,773
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Kat Palmiotti - This is necessary information that you are providing to clients and other home-owners in your area.

Dec 27, 2017 07:56 AM #12
Rainmaker
5,384,901
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is certainly important information to share with area residents.

Enjoy the holidays.

Dec 27, 2017 10:50 AM #13
Rainmaker
2,498,928
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Pat, good information for NY homeowners. Wishing you a blessed New Year.

Dec 27, 2017 05:27 PM #14
Rainmaker
3,205,097
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kat, what an awesome public service post for your home owners. In case we do not connect wishing you a Happy and Prosperous New Year, Endre

Dec 29, 2017 08:42 PM #15
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Gabe - I think it makes sense for everyone to at least try!

Sally - I'm sure part of the process has to do with the fact that taxes are so high. I was talking to someone yesterday who lives about an hour south of me (closer to the city) and his taxes are $35K...  yikes.

Joan - Thank you!

Sheri - Thank you!

Roy - Wonderful holidays to you as well!

Rebecca - I wish you a blessed New Year also.

 

Dec 30, 2017 02:25 AM #16
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Endre - Thank you! I wish you a happy and prosperous new year as well!!

Dec 30, 2017 02:26 AM #17
Rainmaker
2,020,522
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Kat Palmiotti 

Life would be so much better if we didn't have to pay property taxes... 

Wouldn't it be great if the only people who paid property taxes were those in goverment?

If everyone home schooled their own kids, do you think we'd still have property taxes?

If only a protest could guarantee a tax break. Sometimes you win; others you cry and pay up.

Happy, happy, happy New Year!

Dec 30, 2017 06:37 AM #18
Rainmaker
1,498,754
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Kat Palmiotti, great information for homeowners. I spoke to one of my buyer clients right before Christmas regarding their property taxes which went up substantially after a detached garage addition.  
Wishing you a Happy New Year and all the best in 2018!

Dec 30, 2017 01:02 PM #19
Ambassador
3,315,882
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Great way to head off the new deduction issue with your clients - getting their rates down should help to some degree, Kat! During the recession, we had many claims to our county and I had tons of calls from my current and past clients, asking how to combat these.

Our county provided a form and I would send over the comparables for them. Many won reductions and I hope the same holds true for your clients too!

I hope you and yours have a wonderful New Year!!

Happy New Year 2018 from Charlotte NC

Dec 30, 2017 02:56 PM #20
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Patricia - The good thing is a tax relief request cannot end up with a higher tax bill. There's no downside to requesting a reduction.

Beth - Ugh, I'm sure they were not happy about the tax increase! Happy new Year.

Debe - Happy New Year to you as well, and yes, I hope many homeowners do take advantage of the tax grievance process.

Dec 30, 2017 04:51 PM #21
Rainmaker
578,649
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

I applaud your thorough and efficient explanation of the tax grievance process in your New York counties. I've challenged the assessed value of a property in Mississippi and was successful in having lowered for the following tax year. It works, and as you said, it doesn't cost anything to try.

Dec 30, 2017 06:04 PM #22
Ambassador
3,104,023
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

We haven't got our tax statements yet but soon the dance will begin because of local time limits Kat Palmiotti 

Dec 30, 2017 10:46 PM #23
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Pat - Exactly! Everyone should at least try.

Paul - Good luck! 

Dec 31, 2017 03:23 AM #24
Rainmaker
5,384,901
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for your comments on my blog this morning.

Best wishes to you and your family for a Very Happy New Year!

Jan 02, 2018 03:11 AM #25
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Roy - Thank you! I wish you the same.

Jan 02, 2018 03:53 AM #26
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Kat.  I hope you have a healthy, happy and prosperous 2018.

Jan 02, 2018 05:37 AM #27
Rainmaker
1,921,891
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Happy New Year Kat Palmiotti - this is the time of year.  You have made it very easy by putting all of the links on this post

Jan 02, 2018 07:22 AM #28
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Gabe - I hope you do as well!

Grant - Thank you! Your area is on a slightly different schedule....

Jan 02, 2018 09:58 AM #29
Ambassador
3,104,023
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I've decided to make this an issue with my latest farming area mailing. It seems the people are pretty Fed Up with the rising taxes in our County Kat Palmiotti 

Jan 17, 2018 07:52 PM #30
Rainmaker
1,437,764
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

Paul - I think that would be very helpful!

Jan 18, 2018 02:42 AM #31
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,437,764

Kat Palmiotti

The House Kat
Ask me a question
*
*
*
*
Spam prevention