The transition process from declarant to homeowner control can be a stressful time for an association. However, having a better understanding of the overall process can help alleviate some of the stress and allow for a successful transition. There are responsibilities the board has and should be aware of so that the transition process can run more smoothly and effectively.
As the famous quote says, one thing we can be certain about in life is paying taxes. However, when it comes to the property tax arena, it is possible to reduce the effect this certainty can have on our wallets. Enter the property tax assessment appeals process. This process allows homeowners to appeal the tax assessment that has been placed on their property and potentially lower the amount they have to pay.
