Friday, November 15, 2019

Who Has The Legal Right To Protest The Real Estate Tax?


The New York State Court of Appeals has narrowed the permissible class of taxpayers authorized to grieve the real estate taxes on any property in New York.  Merely paying the taxes is not enough.  The taxpayer, other than the owner, must have the contractual obligation to pay the taxes as well as directly paying the taxes.

Merely being a triple net tenant is not enough.  Tenants must insist on appropriate terms in their lease if they want the right to protest the taxes.



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