Property Tax Lawyers in Oakland County

The government of Oakland County, Michigan requires most people who own real property to pay taxes on its value. "Real property" refers to land and buildings, as well as anything else which is permanently adhered to a piece of land, including trees, oil, groundwater, minerals, and the like.

Property tax in Oakland County, Michigan is measured by taking a percentage of the appraised value of the property in question. They are usually collected on an annual or monthly schedule.

In general, the federal government does not impose any property tax. Typically, property tax is imposed by state, county, and municipal governments.

How Property Tax is Calculated in Oakland County, Michigan

Usually, Oakland County, Michigan property taxes are determined as a percentage of the property's value. Tax rates vary widely, but they typically run from less than 1% up to about 5%.

To collect the property tax in a fair and consistent manner, Oakland County, Michigan tax authorities need to have an objective formula for determining the value of land under its jurisdiction.

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 Oakland County, Michigan look at several 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 Oakland County, Michigan Property Tax Attorney Can Help.

Property tax law in Oakland County, Michigan is not always simple. Legal disagreements about property taxes can arise from almost any example. For instance, you might have reason to suspect that the taxable value of your home was overestimated, creating a bigger property tax bill. And, the government might claim that you have underpaid your property taxes, while you think that you have paid the proper amount.

If you run into any issue with your Oakland County, Michigan property taxes, failing to handle it properly can result in anything from unnecessary inconvenience to large fines and tax penalties. However, with the help of an Oakland County, Michigan tax attorney, your chances of running into a property tax problem can be minimized.