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Be on the Lookout for Your 2022 TRIM Notices!

August 11, 2022

Over the next couple of weeks, all 67 Property Appraisers in Florida will mail Truth in Millage (TRIM) notices to all property owners around the state, indicating the 2022 valuation for each property, as well as any applicable exemptions/classifications on each property. These notices will be waiting in your mailbox soon (the valuations can also be found online at that point). In fact, some Property Appraisers already have listed the 2022 valuations online.

The TRIM notices are sent to the mailing address on record at the Property Appraiser’s offices, so pay attention if that address is a registered agent or some other less-often-used address. As noted above, these TRIM notices will show the property tax assessments and market values for 2022, as well as estimated property taxes for this tax year.

Property owners have only 25 days from the mailing of the TRIM notice to review the valuation and determine if a challenge to that valuation is warranted. The specific valuation challenge deadline for your county is noted on the TRIM notice.

Annually, we advise all property owners to carefully review their TRIM notices as soon as they are received. After a Covid year where some (but not all) property values declined or remained steady, we are expecting assessments to rise significantly, and with some more startling increases on certain types of property.

As with prior years, we recommend that property owners pay close attention to both your assessed values and market values. While assessed values are capped at 10% for non-homestead properties and 3% for homesteaded properties, there is no such limitation on the increase in market values. In other words, your property’s market value can increase significantly, which impacts the taxes you pay for the school board (usually between 40-50% of your total taxes).

Lowndes has a Property Tax Group that can help with all your property tax questions, from initial review of the valuations on the TRIM notice through official challenges at the Value Adjustment Board (VAB), as well as filing a civil suit challenging an adverse decision by the VAB. We also deal extensively with various property tax exemption approvals and denials.

This article is informational only. You should consult an attorney before acting or failing to act. The law may change rapidly and no warranty is given. LOWNDES DISCLAIMS ALL IMPLIED WARRANTIES AND WITHOUT LIMITATION, ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE. ALL ARTICLES ARE PROVIDED AS IS AND WITH ALL FAULTS. Consult a Lowndes attorney if you wish to establish an attorney/client relationship.
S. Brendan

A Virginia native originally with aspirations to become a journalist, Brendan Lynch fell in love with Florida and has made it his home since 2005. He represents both commercial and residential property land owners, as well as tenant business owners, in issues of property tax valuation and eminent domain/condemnation.

Brendan assists property owners throughout Florida with their property tax appeals, including assessment reviews, direct negotiations with county property appraisers, appeals to the Value Adjustment Board, and trial and appellate court proceedings. His clients include apartment projects, big box stores, condominiums, commercial strip centers, hotels, residences, student housing, vacant land, and other retail buildings.

With broad experience handling many different types of exemption applications, Brendan often assists clients from the application stage through challenges, to denial of any exemption, through trial and appellate court proceedings. These exemption applications include agricultural, conservation easements, healthcare, homestead, military housing, non-profit, religious, and senior living.

Typically, the eminent domain cases involve a governmental entity (Florida Department of Transportation, county, city, expressway authority, or other state agency) or private utility with condemnation powers seeking to take land from the property owners. Interestingly, Brendan has also represented condemning authorities on special projects – bringing a perspective from both sides of the table.

Brendan’s love for his adopted hometown of Orlando is reflected in his commitment to the community and its cultural diversity. A long-time advocate for the arts and former chair of the United Arts of Central Florida’s Board of Directors, Brendan helped steer the largest Collaborative Campaign in the organization’s history (over $3 million). He has also served in leadership roles for the Adult Literacy League, the Orange County Teen Court, and the Heart of Florida United Way.

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