Broward County, Florida Property Taxes

In Broward County, homeowners who believe their property tax assessment is incorrect have the right to appeal. The process begins with a review of the property’s assessed value, which is determined by the county property appraiser. If a homeowner disagrees with this assessment, they can file a petition with the Value Adjustment Board (VAB). This board is responsible for hearing appeals and consists of county commissioners, school board members, and citizen members.

To initiate the appeal, homeowners must submit their petition within a specified period after receiving their assessment notice. The process involves gathering evidence to support the claim that the assessed value is too high. This evidence may include recent sales of similar properties, an independent appraisal, or evidence of errors in the property record. Once the petition is filed, a hearing is scheduled where the homeowner or their representative can present their case.

The potential outcomes of the appeal include a reduction in the assessed value, which may lead to a lower tax bill, or the board may uphold the original assessment. Regardless of the outcome, the decision can have a significant impact on the homeowner’s finances.

Ownwell can assist homeowners throughout this process by providing expert guidance and representation. With a deep understanding of local property tax laws and market trends, Ownwell can help gather the necessary evidence to build a strong case. Their team handles all aspects of the appeal, from filing the petition to representing the homeowner at the hearing, ensuring the best possible outcome. By leveraging their expertise, homeowners can increase their chances of a successful appeal and potentially reduce their property tax burden.

Broward County offers several property tax exemption programs designed to ease the tax burden on homeowners. The most common exemption is the Homestead Exemption, available to homeowners who use the property as their primary residence. This exemption can significantly reduce the assessed value of a home, lowering the property tax bill. To qualify, homeowners must have legal or beneficial title to the property and occupy it as their permanent residence as of January 1st of the tax year.

In addition to the Homestead Exemption, Broward County provides exemptions for senior citizens, veterans, and individuals with disabilities. The Senior Citizen Exemption is available to homeowners aged 65 or older who meet specific income criteria. Veterans with a service-connected disability can benefit from the Veteran's Disability Exemption, while the Disability Exemption caters to individuals with qualifying disabilities.

Applying for these exemptions typically involves submitting an application to the Broward County Property Appraiser's Office, along with any necessary documentation proving eligibility. Ownwell can assist homeowners in navigating the application process, ensuring all paperwork is completed accurately and submitted on time. By leveraging Ownwell's expertise, homeowners can maximize their exemption benefits, leading to substantial savings on property taxes. With a deep understanding of local regulations, Ownwell is well-equipped to help homeowners take full advantage of Broward County's property tax exemption programs.