Property Tax Lawyers in Gilbert
In Gilbert, Arizona, 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 affixed to the land (such as buildings, trees, minerals, etc.).
Property taxes in Gilbert, Arizona are measured as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (often yearly) intervals.
Federal authorities do not collect a property tax. Only state and local governments collect property taxes, as a general matter.
How Property Tax is Calculated in Gilbert, Arizona
Typically, Gilbert, Arizona property taxes are determined as a percentage of the property's value. Tax rates vary widely, but they normally run from less than 1% up to about 5%.
In order to levy this tax, the tax authorities in Gilbert, Arizona must have a uniform formula for figuring out the value of a given piece of property.
In some ways, value is a subjective thing. For example, the home in which you grew up is probably worth far more to you than its market value. To get around this, the government uses nothing but objective factors in determining how much a piece of real property is worth.
With that in mind, the land appraisers in Gilbert, Arizona look at various factors, including the state of the local real estate market, the square footage of the house, and the permissible use (zoning) of the land.
How A Gilbert, Arizona Property Tax Attorney Can Help.
Gilbert, Arizona's property tax system is somewhat intricate. Legal disputes arising from property taxes can arise in a number of ways. For instance, the state might accuse a homeowner of failing to pay their property taxes, when they truly have. Conversely, a homeowner might believe that the value of their property was appraised inaccurately, resulting in a higher tax bill.
If one of these concerns affects you and your property in Gilbert, Arizona, you should make every effort to properly handle it. This can prevent small issues from growing into large ones. The best way to do this is to seek the advice of a knowledgeable Gilbert, Arizona tax attorney who specializes in property tax law.