Property Valuation Topics - Summer 2012


In This Summer 2012 Issue:

- Governor Vetoes Revaluation Postponements

- Greenwich Appoints New Assessor

- In Valuation, Sometimes The Devil is in the Details

- National Developments Matched to Local Market

- United States Supreme Court Weighs in on Assessment Refund Issue

Excerpt from Greenwhich Appoints New Assessor -

Among Connecticut’s 169 cities and towns, the “gold coast” community of Greenwich, contiguous to New York, is perhaps the wealthiest community in Connecticut, if not in the country, and enjoys the lowest effective tax rate – well under 1 percent. By comparison, the effective tax rate for commercial real estate in the city of Hartford exceeds 5 percent!

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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