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George Kroculick

George Kroculick

Duane Morris LLP


Latest Publications

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Understanding the Basics of Philadelphia's New Actual Value Initiative

Originally published in The Legal Intelligencer on March 27, 2013. The city of Philadelphia's new property tax program is coming and your assessment is likely going up, but it is not all bad news. Still, commercial...more

3/28/2013 - Actual Value Initiative Property Tax Tax Assessment

N.J. Superior Court Finds That Condemning Authority Is Not Required to Negotiate with Mortgagee Prior to Initiation of Eminent...

In a recent decision, the Appellate Division of the Superior Court of New Jersey has held that New Jersey law does not require a condemning authority to negotiate with a mortgagee, which has obtained a final judgment of...more

2/21/2013 - Condemnation Condemnation Clauses Eminent Domain Foreclosure Mortgagee Mortgages

Revised Common Level Ratio for Philadelphia May Entitle Certain Taxpayers to a Refund

A recent change may affect the parties to certain real estate transactions with respect to property located in Philadelphia County, Pennsylvania, that took place on or after July 1, 2012....more

2/20/2013 - Common Level Ratio Fair Market Value Property Tax Property Valuation State Tax Equalization Boards Tax Refunds

Ready or Not, Here It Comes: Philadelphia's Actual Value Initiative Assessments Are in the Mail

Today, the Philadelphia Office of Property Assessment (OPA) begins mailing out the new "Actual Value Initiative" (AVI) reassessment figures to every property owner within the city. The new assessments are intended to reflect...more

2/15/2013 - Actual Value Initiative Appeals Office of Property Assessment Property Tax Reassessments Tax Assessment

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