No Fees Unless You Win Property Tax Appeal
We have two options for our rates. We can charge a contingency fee, or we offer a flat fixed rate.
If we mutually agree to take your case for a property tax appeal on a contingency fee basis, we will refund your $75 summary appraisal fee and work on a full contingency fee agreement (where permitted by law).
Our success has been based on treating each case the same regardless of the fee structure chosen and making sure we charge a fair price for everyone. We understand that tax appeals are word-of-mouth business, and unless your clients are satisfied, you cannot establish a long professional relationship or years of countless referrals.
We want you to know that we won’t take on any case unless it is one where there will be a potential for financial savings. We believe this helps ensure that your legal fees are not quoted without us first confirming our belief in the success of your matter with an attorney from the firm.
What Is A Typical Contingency Fee Arrangement?
The contingency fee covers the complete appeal process. If you file an initial appeal, we will not receive a legal fee unless our efforts reduce your property taxes. Our fees vary depending on how difficult it is to convince the appeals board that they should change their minds and grant us new tax rates for your home or business property, but typically we quote 35% – 45% for the first year’s savings successful.
We only charge for the years under appeal, which means that you will continue reaping savings with no fees down the road.
If we appeal successfully and save a property owner $10,000.00 per year in property taxes, our fee would be 35% to 45% of the savings ($3,500.00 to $4,500.00).
It is important to know whether or not you will be charged for a year that is not under appeal. Some law firms may actually charge for future years after your appeal has ended, but we at Centerbridge never do that! We understand the importance of returning investment to our clients. That way, property owners can rest assured knowing that there are no surprises when it comes time to pay your contingency fee.
As a client, regardless of what firm you choose, you should always have unambiguous terms set forth before any contingent fee contracts are signed with attorneys.
Is This Approach Right For Me?
We will not take a case unless we believe that there is some chance for reduction. Therefore, we usually only take cases whose assessed property values are $500,000 or more. However, we’ll look at our clients’ financial condition and may occasionally take a case on a property with a lower value for those who have special circumstances to consider.
If this sounds like your situation, please contact us using the form below, and one of our attorneys will reach out to discuss your case.