A number of Connecticut municipalities listed below are scheduled to conduct real property revaluations effective October 1, 2024. ...more
10/2/2024
/ Connecticut ,
Fair Market Value ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Revaluation ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
As readers of this blog probably know, a property tax appeal is initiated by filing a petition with a municipality’s Board of Assessment Appeals. Typically, the appeal must be filed with the Board no later than February 20. ...more
1/24/2024
/ Connecticut ,
Fair Market Value ,
Filing Deadlines ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Tax Appeals ,
Tax Assessment ,
Tax Liability ,
Tax Planning
In 2017, twenty years after purchasing a property in Fairfield, the owner became aware that the Town had been valuing her 1.06 acre lot as if it held 1.60 acres. ...more
A large number of Connecticut municipalities are conducting revaluations as of October 1, 2023.
A notice containing the proposed new assessment of your property will be mailed before the end of this year. ...more
10/19/2023
/ Connecticut ,
Fair Market Value ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Revaluation ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
A recent decision by the Appeals Court of Massachusetts* about the entitlement of two nonprofit corporations which rent apartments at below- market rates to low-income elderly individuals and individuals with disabilities...more
5/24/2023
/ Ad Valorem Tax ,
Charitable Organizations ,
Connecticut ,
Elder Issues ,
Low Income Housing ,
Low-Income Issues ,
Property Owners ,
Property Tax ,
Property Valuation ,
Tax Assessment ,
Tax Exempt Entities ,
Tax Exemptions
In 14 of our 50 states, a taxing authority which forecloses real estate for unpaid taxes is entitled to keep the full auction proceeds even beyond the owner’s debt obligation. Enabled by laws known as “surplus retention...more
Please note: This alert was originally published on 09/28/2022 and was updated on 11/17/2022.
A large number of Connecticut municipalities are conducting revaluations as of October 1, 2022. ...more
11/18/2022
/ Connecticut ,
Fair Market Value ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Revaluation ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
A large number of Connecticut municipalities began conducting revaluations as of October 1, 2022.
Important topics for taxpayers to consider include...more
Connecticut municipalities are scheduled to conduct real property revaluations effective October 1, 2022. You may find the complete list of Connecticut municipalities conducting October 1, 2022 revaluations on the OPM website...more
Because there are likely to be many more high voltage electric transmission lines (HVETL) constructed, it is important to focus on the impact these lines may have on commercial property values.
The challenge is that the...more