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The Cost Approach: Hard Costs vs. Soft Costs in the Context of Tax Appeals

by: Daniel Kim
5 Jun 2015
New home constructions often require that the property tax assessment which is then placed on a property be carefully examined.  Generally, property assessments for the following year are set forth by the municipal assessor on October 1.  However, if an improvement of a structure is completed after the regular assessment date of October 1, and... Read More

California Appellate Court Remands Case for Award of Fees and Costs to Owner's Counsel

by: Joseph Grather
1 Jun 2015
Under California law, if the Court finds that the government’s final settlement offer was unreasonable and the property owner’s demand was reasonable, the Court is permitted to award the property owner its litigation expenses. So, after exchange of appraised valuations of $3.8M (government) and $10,875 (owner), the government offered to settle the case for $5M... Read More

“Oh Sandy” – No relief from Superstorm’s destruction on residential assessment

by: Richard De Angelis
11 May 2015
Two and one-half years after Superstorm Sandy, many New Jerseyans are still wrestling with the destruction wrought by that storm.  Thousands of New Jersey property owners received some relief from reduced property tax assessments to reflect the damage to their properties, although some local assessors were more realistic in assessing the damage to property values. ... Read More

Virginia DOT Verdict Reversed

by: Joseph Grather
30 Apr 2015
Following up on our post here on the Ramsey v. Commissioner case, the Virginia Supreme Court recently reversed a jury verdict in favor of DOT that would have required the owner to repay a portion of the initial offer monies.  The Court ruled that it was error for the trial court to have precluded the owner... Read More

Will the Latest New Jersey Supreme Court Property Rights Decision Revive the Redevelopment Market?

by: Anthony F. Della Pelle
1 Apr 2015
Last week, a divided New Jersey Supreme Court ruled that condemning agencies do not have to prove that properties within an area “in need of redevelopment” have a deleterious effect on the surrounding area in order for those properties to be taken via eminent domain.  The 3-2 majority opinion, authored by Justice Barry Albin, concluded... Read More

Townsend v Pierre: Expert Opinion Fails Where Contrary to Undisputed Record Evidence

by: Joseph Grather
18 Mar 2015
The New Jersey Supreme Court decided Townsend v. Pierre on March 12, 2015.  It was not a condemnation case but is relevant to any civil litigation involving expert witnesses.  The case arose out of a terrible accident involving a motorcycle and an automobile.  The motorcycle t-boned the car and the motorcyclist died.  The decedent’s estate brought... Read More

Stick to the facts (but first, know them!)

by: Richard De Angelis
16 Mar 2015
In Gravers v. Scotch Plains Township, a residential tax appeal, we are reminded of the importance of hiring appraisers with experience in tax appeals and to ensure that they are familiar with the facts relevant to the subject property and the comparable property sales. Here – on appeal from a judgment of the County Board... Read More

Drive-By Appraisals “Approved” in New York!

by: Anthony F. Della Pelle
6 Mar 2015
Drive-By Appraisals “Approved” in New York!. via Drive-By Appraisals “Approved” in New York!.... Read More

Drive-By Appraisals “Approved” in New York!

by: Anthony F. Della Pelle
6 Mar 2015
Drive-By Appraisals “Approved” in New York!. via Drive-By Appraisals “Approved” in New York!.... Read More

Drive-By Appraisals "Approved" in New York!

by: Joseph Grather
6 Mar 2015
Property owners have won a battle in a long simmering dispute in New York over pending real estate tax appeals.  The case was reported in the BuffaloNews.com.  In short, eight property owners with pending tax appeals against the City refused to let the City’s appraiser in their homes in connection with the preparation of the... Read More