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Friday, June 23, 2017

U.S. Supreme Court Rules Against Property Rights Advocates

https://en.wikipedia.org/wiki/File:Anthony_Kennedy_official_SCOTUS_portrait.jpg
Justice Kennedy

In the case of Murr v. Wisconsin, zoning changes made by the state devalued property so the owners claimed it should be deemed a "regulatory taking."  In the end, the U.S. Supreme Court disagreed.

Over 50 years ago the Murr family purchased the property with the intention of passing down to their children.  The children had decided to sell of one of the parcels but were told that the single lot was no longer able to be developed alone.

The family claimed this was in violation of the Fifth Amendment.  The Wisconsin Court of Appeals found 5-3 that the family was not harmed when the properties were viewed together.

Much of the case focused on the "property as a whole." With this view Justice Kennedy found "the state court was correct to conclude that petitioners cannot establish a compensate taking  They have not suffered a taking...as they have not been deprived of all economically beneficial use of their property."

The question is will this lead to new zoning laws that would put hardships on owners. It could force them to sell their property.

For more information on this topic please refer to the article in the Daily Business Review
For assistance in your property tax appeal we can be found at www.PTAGflorida.com

Thursday, June 22, 2017

Helping to protect property owners and Florida as a whole.

As members of the Miami Association of Realtors, we are honored to have one of our principals Brian Sharpe, serving on their board.  As the Commercial President Elect, Mr. Sharpe has been traveling with the Association to places such as Tallahassee, FL and Washington D.C.  While there he (along with other members) have been advocating for their members, owners and renters, and the environment.

Some of the big win items this year involve the property tax cap, a cap on estoppel certificates, housing projects, environmental protection/repair, and a reduction in the business rent tax.


Passed joint resolution to preserve the 10% Cap on Non-Homestead Property Taxes and protect owners from a $725 million tax increase.


Passed SB 398 Which caps estoppel certificate fees and provides other important reforms.


$270 Million for affordable housing, the highest amount of funding in a decade.


Saved business owners $61 Million with a first-ever cut to the business rent tax.


$440 Million for Everglades restoration, beach re-nourishment and springs restoration.

For more information on these wins, please check out  MiamiRealtors.com or FloridaRealtors.com 
For assistance in appealing your property taxes: www.PTAGflorida.com
For a link to a video recap of the wins.: https://youtu.be/oOwszdOxRw4