As you may or may not know, you have one chance to appeal your BC Property Assessment.

The deadline was midnight January 31, 2011

There are two opinions to the new higher assessments. One side doesn’t mind the higher prices, because they feel it means their home is worth more. Then there’s the side that doesn’t like it, because with higher prices come higher taxes.

Either way, you have the option to appeal.

Intersting facts in the video below that you’ll want to know.

I want to appeal my BC Assessment Notice, what should I do?

BC Assessment states that you need to include the following when appealing:

You may request an independent review by the Property Assessment Review Panel (i.e., you may file an appeal). To request a review, you must submit your written request to your local BC Assessment office no later than January 31. A request for a review is referred to as a Notice of Complaint.

Your request (Notice of Complaint) must include:

• the Assessment Roll number as stated on the Assessment Notice;
• the property description (address and/or legal description) as stated on the Assessment Notice;
• your full name, mailing address and a contact phone number where you can be reached during the day;
• a statement as to whether or not you own the property in question;
• an address for the delivery of any notices in respect of the review;
• the grounds upon which your complaint is based (your reason for requesting a review); and
• if you appoint an agent, the agent’s full name and business phone number.

Property Assessment Review Panels have the authority to investigate and adjudicate property assessments. Their purpose is to ensure that property assessments reflect actual (market) value. They also ensure that assessments are applied consistently within a municipality or rural area.

Once you have requested a review, you will receive a Notice of Hearing advising you of the date and place to appear before the Property Assessment Review Panel. You will then need to phone your local BC Assessment office to schedule your in-person hearing time. If you are unable to attend in person, you may send a written submission or appoint someone to appear on your behalf. All hearings are open to the public.

Any questions, I can be reached at 604-273-2002

Mark Fidgett
Vancouver Mortgage Broker
Owner www.NotaPennyDown.com
604-273-2002

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