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Reminder About Municipal Deadlines for Property Assessment Review & Appeals… in the age of COVID

If you own a commercial property, don’t forget to review your property assessment value. While many owners assume there will be an annual increase to account for inflation and the (previously) sensational real estate market, typically, assessments shouldn’t increase substantially from year to year. However, in the age of COVID, real estate values are fluctuating due to several factors. Whether you’ve lost tenants, you’re experiencing declining rents or defaulting tenants, or...

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