A commercial property owner in Lucas County, Ohio files a complaint with the Board of Revision to reduce the assessed value. The local school district, concerned about revenue loss, also files a counter-complaint. Under Ohio law, which statement is correct?
Correct Answer
C) The school district may file a counter-complaint seeking to increase or maintain the property's valuation
Under ORC §5715.19, school districts and other taxing authorities have standing to file complaints or counter-complaints with the Board of Revision. They may seek to increase or maintain property valuations to protect their tax revenue.
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During a real estate closing in Ohio, the buyer's agent notices that the seller has not paid the current year's first-half property taxes. Under Ohio practice, how is this typically handled?
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In Ohio, the sexennial reappraisal of all real property is conducted by which entity?