Property Tax Lawyers in New Hanover County

New Hanover County, North Carolina laws require that most owners of real property pay taxes on its value. "Real property" refers to building and land, and objects (like natural resources) that are permanently adhered to the land.

Property taxes in New Hanover County, North Carolina 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.

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

How Property Tax is Calculated in New Hanover County, North Carolina

Most often, property taxes in New Hanover County, North Carolina are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.

To levy this tax, New Hanover County, North Carolina tax authorities must first figure out how much a house or piece of land is worth.

As you probably know, value is not always objective. For instance, the owners of family heirlooms normally place far more value on them than their objective monetary value. So tax officials have to be careful to only use objective criteria in valuing property for tax purposes.

With that in mind, the land appraisers in New Hanover County, North Carolina 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 New Hanover County, North Carolina Property Tax Attorney Can Help.

Property tax law in New Hanover County, North Carolina 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 encounter a legal issue with your New Hanover County, North Carolina property taxes, and don't handle it properly, unnecessary inconvenience and expense can result. If you have the help of a qualified tax attorney in New Hanover County, North Carolina, however, the odds of encountering such a problem will be small.