Property Tax Lawyers in Collingdale

The law of Collingdale, Pennsylvania says that everybody who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything fixed to the land, like trees and natural resources.

The property tax in Collingdale, Pennsylvania is simply a percentage of a piece of property's appraised value, paid to the state and/or local government on a periodic - usually annual - 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 Collingdale, Pennsylvania

Usually, Collingdale, Pennsylvania property taxes are decided as a percentage of the property's value. Tax rates differentiate widely, but they typically run from less than 1% up to about 5%.

In order to levy this tax, the tax authorities in Collingdale, Pennsylvania 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.

Therefore, the people in charge of appraising the value of property in Collingdale, Pennsylvania have to consider only objective, factual criteria when calculating the value of a piece of land. These criteria include the state of the real estate market, the zoning of the land (which determines how it can be utilized), and any improvements that have been made to the land, among other things.

How A Collingdale, Pennsylvania Property Tax Attorney Can Help.

Property tax law in Collingdale, Pennsylvania is not always simple. Legal disagreements about property taxes can arise from almost any instance. For example, 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 appropriate amount.

If you encounter a legal issue with your Collingdale, Pennsylvania property taxes, and don't handle it properly, unnecessary inconvenience and expense can result. If you have the advice of a competent tax attorney in Collingdale, Pennsylvania, however, the odds of encountering such a problem will be small.