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Eminent Domain Ad Valorem Tax

Nossaman LLP

Supreme Court Rules County Can’t Keep the Change

Nossaman LLP on

Local governments—generally counties—impose property taxes on real estate pursuant to state law. Sometimes called ad valorem taxes, these property taxes are set based on the assessed value of the property. When a landowner...more

Pullman & Comley, LLC

Property Tax and Valuation Topics: Fall 2015

Pullman & Comley, LLC on

"Celebrity" Value? In 2004, in the quaint Fenwick borough of Old Saybrook, a developer purchased the beachfront summer home of the late actress Katharine Hepburn. The discovery of a discontinued road, which ran over...more

Pullman & Comley, LLC

Property Valuation Topics: Winter 2015

Pullman & Comley, LLC on

Thorny Exemption Issue Discussed - Limited Liability Company X owns property in the Town of Windham which it leases to Corporation Y. Both entities are tax exempt under the Internal Revenue Code. Both entities...more

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