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Hi - I have heard reaonable rates to pay a tax ceriotori (sp/) lawyer who argues the value of your coop is 15-20% of the amount saved.
Can anyone tell me the percentages they have paid for this?
melissa,
can you explain the volume discount concept and how it would work. Our special property tax counsel for our coop building contests our assessment annually ie filing challenges once a year.
Since tax certiorari attorneys bill on a contingency fee basis, fees are based on sliding scale with larger buildings (with larger assessments) paying lower contingency fees. 15%-20% is standard depending on size of property.
http://cooperator.com/articles/941/1/Challenging-Your-Real-Estate-Taxes/Page1.html
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The book , The Coop Bible' has this tip: "if your board is smart it should demand a volume discount (with the lawyer) because often they have to file several times."
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