Want to know more about commercial property tax protest and what Lane Property Tax Advocates can do for you? The frequently asked questions below cover aspects of the protest process and how we can best assist you in reducing your tax bills. Browse these questions to help better understand how Lane helps our clients unburden their business.
We are currently licensed to cover all counties in Texas, Arizona and Georgia. In 2019, we protested properties in over 114 counties. The number of counties and states we cover is continuously changing.
Based on the portfolio, Lane will charge a very competitive contingency fee. Please send us a list of your properties for a quote. Note that you don't pay Lane unless we reduce your property value and save you money.
Lane is well-versed in both commercial and residential parcels. All Lane team members handle both commercial and residential protests. Please note that we only accept residential accounts if they contain commercial properties, or if a commercial client also has a residential portfolio.
Based on the portfolio, Lane will charge a very competitive contingency fee. Please send us a list of your properties for a quote. Lane typically pays all attorney and filing fees for litigation and all filing fees for arbitration.
Lane is with you every step of the way through arbitration. For litigation, we work with multiple attorneys that have good relationships within the county where the property is located. We directly handle arguing, discovery evidence and ordering appraisals if necessary. The attorney will file the petition and direct the motions before a trial.
We will identify the best possible approach(es) to value by assessing the income approach, cost approach, sales comparison approach, uniform and equity approach, land equity approach and rent equity approach. Our sister firm MB Lane and Associates is a full-service commercial appraisal company that has been in business for over 20 years.
As a representative for all of your properties, Lane will handle all correspondence, filing of forms, name changes, exemptions and all other necessary paperwork to save you time. Please note that there is an extra fee for exemption paperwork, i.e., homestead exemptions.
Provide Lane with the most up-to-date property information throughout the year. Examples include property photos, estimates of any necessary repairs, name changes on the property, damages to the property, completed appraisals, rent rolls or profit and loss statements. Lane will also visit the property if needed and take photos.
We use major database programs that county appraisal districts do not have access to in order to create our approaches. Database examples include Pictometry/EagleView, Marshal Evaluations and Enriched Data.
MB Lane and Associates, our affiliated sister firm, has been preparing commercial appraisals for over 20 years for various counties all over the state of Texas. Michael Lane, the founder, holds the designation of MAI through the Appraisal Institute and is also a state-certified general appraiser. He has appraised real estate in Texas for over 30 years.
Yes, the value of a residential or commercial property can increase by more than 10%. The only time the value cannot exceed a maximum increase of 10% is on a residential property with a homestead exemption.