June 1 Deadline for County Assessor Protests
From May 1 through June 1, Colorado property owners may protest the valuation or classification of their real estate with their County Assessor's Office. The 2010 tax year is an "intervening" year and, for most owners, valuations will remain the same as for 2009. Consequently, you likely received no new valuation notice from the County. This does not prevent you from protesting your property's valuation, however. Protests must be postmarked no later than June 1, 2010, or you may personally appear in the County Assessor's Office any time between May 1 and June 1. It is recommended that you research comparable sales or have other evidence to support your protest. As with the 2009 valuation, your property will be valued as of June 30, 2008, and the Assessor's Office will consider comparable sales for the 18-month period prior to that date. No sales after June 30, 2008, will be considered in this year's valuation. Sherman & Howard would be happy to assist in the preparation and/or presentation of your protest.
If you have any questions regarding this article or its possible impact on your activities and operations, please contact your Sherman & Howard attorney or one of the attorneys in our Real Estate Group.
Sherman & Howard has prepared this advisory to provide general information on recent legal developments that may be of interest. This advisory does not provide legal advice for any specific situation. This does not create an attorney-client relationship between any reader and the Firm. If you want legal advice on a specific situation, you must speak with one of our lawyers and reach an express agreement for legal representation.
© 2010 Sherman & Howard L.L.C. May 4, 2010