If you own either an office, industrial or retail building that has had vacant space for over 90 days, you can apply for a property tax reduction.
- Filing deadline: last day in February of each year
- Property must have been available for lease
- Must be vacant for a consecutive period of 90 days
- Rebate between 30 – 35% of taxes
If you recently purchased a office, industrial or retail building, the prior use of the building may be different than your or your tenant’s current use. This could mean a significant change in the property tax rate. The window of opportunity to appeal the tax rate is until March 31, 2018.