Property Tax Lawyers in Social Circle
In Social Circle, Georgia, the government imposes a tax (a legally-mandated payment made to the government) on real property. "Real property" is specified as any piece of land, or object permanently or semi-permanently attached to the land (such as buildings, trees, minerals, etc.).
Social Circle, Georgia calculates property taxes simply by taking a percentage of the property's value. Normally, they are paid on a yearly or monthly basis.
Federal authorities do not gather a property tax. Only state and local governments gather property taxes, as a general matter.
How Property Tax is Calculated in Social Circle, Georgia
Normally, Social Circle, Georgia property taxes are decided as a percentage of the property's value. Tax rates differentiate widely, but they usually run from less than 1% up to about 5%.
In order to levy this tax, the tax authorities in Social Circle, Georgia must have an uniform formula for figuring out the value of a particular piece of property.
In some ways, value is a subjective thing. For instance, 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 deciding how much a piece of real property is worth.
To this end, the Social Circle, Georgia appraiser will look at things like the state of the real estate market, the size of the land, the existence of additions to the land such as buildings, and the way in which the property is zoned.
How A Social Circle, Georgia Property Tax Attorney Can Help.
In Social Circle, Georgia, property taxes can become pretty intricate. Legal disagreements 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 instance.
If one of these contentions affects you and your property in Social Circle, Georgia, you should make every effort to correctly handle it. This can keep small issues from growing into large ones. The best way to do this is to seek the advice of a seasoned Social Circle, Georgia tax attorney who concentrates in property tax law.