Please fill out the form below to the best of your ability. In addition to the basic facts about the property you wish have appealed, it can sometimes be helpful to provide us with financial information about the income and expenses of commercial property in order to best analyze the lowest possible taxable values.
2022 Real Estate Tax Assessment Appeal Contingent Fee Agreement
Between Dixon Commercial Real Estate (“DCRE”) and Property Owner / Agent (“We” or “Us” or “Our”) Between Dixon Commercial Real Estate (“DCRE”) and Property Owner and/or Authorized Agent (“We” or “Us” or “Our”)
Assignment: DCRE will prepare and present an analysis of each property under appeal to the Special Magistrates of the Value Adjustment Board. However, DCRE may withdraw the petition at any time if, after review, it determines that the property is fairly assessed, or that additional efforts are not justified. We understand that no guarantees have been made as to the likelihood of reducing the assessment on any property. We will promptly provide DCRE any requested information required to pursue the appeal. This additional information may include photos of subject property, work receipts for items of deferred maintenance, property rent rolls, income and expense statements, surveys, appraisals, or any other relevant data which may aid in the petition.
Fees and Compensation: We agree to pay DCRE an non-refundable fee of $25 PER FOLIO., to cover the County filings fees and initial analysis, which will be paid prior to the hearing. All additional costs for administrative filing fees, income and comparable market analyses, preparing presentations (e.g., photos, aerials, plats, and other exhibits), attending and administering the hearings shall be absorbed by DCRE.
As compensation for this service, we agree to promptly pay DCRE a CONTINGENT FEE OF 35% OF THE TAX SAVINGS realized from a reduction in the tax bill. This fee shall be charged for all tax savings achieved for the current or prior tax years that are a direct result of actions taken by DCRE. This fee shall be charged regardless of whether the tax payer receives a “refund check”, “tax correction” or “revised tax bill” from the County. The tax payer will receive a revised tax bill as soon as the changes have been processed, if they have not paid the full amount due for the year, prior to the hearing date.
(“Preliminary Values” – “Revised Values”) x Millage Rates = Tax Savings
(Example: ($200,000 – $100,000) x .02 = $2,000)
We hereby authorize DCRE to perform its services hereunder using prudent judgment and discretion, which may include informal communications with the County’s Property Appraiser Office and/or formal Value Adjustment Board Hearings. If the petition is denied and no reduction is granted by either the Property Appraiser’s Office directly via informal conference or by a Special Magistrate after a formal hearing, no contingency fee is due.
If a reduction is obtained the Contingency fees shall be paid within 30 days of the receipt of the refund check or invoice from DCRE, or after we receive a revised property tax statement from the County, whichever comes first. If DCRE takes any action to collect a delinquent fee, we agree to pay all costs of collection, including reasonable attorney fees. Any legal action arising out of this agreement shall be brought in Miami-Dade County, Florida and governed by Florida law. In the event fees are not paid when due as provided by this agreement, DCRE is authorized and shall have the right to record a lien against the real property identified herein to secure such fees, following 30 days written notice to us.
As per Florida Statutes (Section 194.014, F.S.): A Property Owner who contests the assessed value is required to pay all the non-ad valorem assessments and make a partial payment of 75% of the ad valorem property taxes by the tax Due Date of March 31st for the tax year under petition. Failure to make the payment will result in a Value Adjustment Board Administrative Withdrawal of the filed petition, nullifying the petition and/or any hearing results. DCRE. fees will remain applicable in the event Property Owner or Corporate Officer does not comply with the above referenced State Law.
We understand that refunds are paid to the entity that paid the initial tax bill. DCRE can assist in determining where and when the check was sent, but we are responsible for collecting the refund from any third party. For example, your bank’s escrow company will receive a check if they paid the taxes on your behalf, and should be applied as a credit to your escrow account.
Upon successful completion of our signup form, you will be emailed a PDF copy of our work agreement. Please sign and return this us with any additional information you believe may be relevant to the valuation of the property.
Dixon Commercial Real Estate
3191 Coral Way, Suite 204
Miami FL 33145
305.443.4966 [email protected] Licensed Real Estate Broker