Montgomery, Alabama Property Tax Law
In Montgomery, Alabama, the government imposes a tax (a legally-mandated payment made to the government) on real property. "Real property" is defined as any piece of land, or object permanently or semi-permanently adhered to the land (such as buildings, trees, minerals, etc.).
Property taxes in Montgomery, Alabama are determined as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (usually yearly) intervals.
The federal government almost never imposes property taxes directly. Property taxes are collected nearly exclusively by state, county, and local governments.
How Property Tax is Calculated in Montgomery, Alabama
Property tax in Montgomery, Alabama almost always takes the form of a tax levied on the appraised value of the property in question. Property tax rates in the U.S. range from 0.2% to around 5% of the property's value.
To levy this tax, Montgomery, Alabama tax authorities must first figure out how much a house or piece of land is worth.
In many ways, the value of a piece of land is relative. After all, many people ascribe sentimental value to their homes, which goes well beyond its market value. To ensure that the system is fair, the government uses only objective standards to determine value.
To that end, the Montgomery, Alabama employees in charge of appraising land look at objective facts to determine value, like the size of the land and any buildings on it, the way in which the land may legally be used (zoning), and the health of the local real estate market.
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How A Montgomery, Alabama Property Tax Attorney Can Help.
In Montgomery, Alabama, property taxes can become pretty difficult. Legal disputes can arise in the property tax context, even if there is no wrongdoing, and the dispute arises from an honest misunderstanding. You might have a good reason to suspect that a mistake was made when your property was appraised, resulting in a higher tax bill than you believe you legally owe, for example.
If you are affected by one of these, or any other, property tax legal issues in Montgomery, Alabama, you should deal with it properly. If you fail to do so, a relatively minor issue can become much more expensive and inconvenient than it might otherwise have been. Therefore, the assistance of a brilliant tax attorney in Montgomery, Alabama is highly useful in avoiding these issues in the first place, or handling them if they do arise.