Every year, States, Local governments, or relevant government agencies levy a land-based charge on all real property situated in the state. Property owners receive the Annual Demand Notice with respect to every chargeable property that has been assessed in accordance with the provisions of the relevant Land Use Charge Law/Property Tax Law.
What many property owners are not aware of is that they have the right to PROTEST the estimated value of their home in order to lower the land use charge/property tax bill– saving them thousands—possibly even millions of Naira yearly!
Filing a property tax protest does not take time and effort:
- Going through the property tax protest process requires many steps. You have to conduct a self-assessment on your property using the formula provided in the relevant law ( e.g [(Land Area* Land Value)+(Building Area*Building Value*Depreciation Rate)]*Relief Rate* Charge Rate . Afterward, you have to file your protest through the right channels to the relevant authorities and this process can be quite overwhelming.
- Why go through all the hassle when AYLE can REPRESENT YOU! Our firm can take care of all the research and filing steps needed to save you money. YOU DON’T PAY ANY FEES unless we successfully get a reduction on your property taxes! There are no hidden fees, there are no obligations, and you have nothing to lose!