Fulton County Property Tax Class Action Claim Lawsuits Lawyer
An estimated 18,000 homes were purchased in Fulton County, Georgia in 2015, and many of those that bought these homes may have been paying more in property taxes than their neighbors. Fulton County’s board of assessors is accused of adjusting home assessed values to their sale price, yet not adjusting other home values. This unfair taxation may have cost those affected homeowners thousands of dollars each, an overpayment of millions of dollars to Fulton County, which may result in a class action lawsuit.
The problem in Fulton County occurred due to poorly assessed property values. The board of assessors in Fulton County needed to adjust housing values to match the upturn in the real estate market, but they did not begin this process uniformly. Instead, they targeted only the homes that had sold in 2015 and raised the assessed values to the sales price for the 2016 property taxes. However, only homes that had sold were adjusted, and neighboring homes of similar value retained their lower assessed tax value.
Recovering Overpaid Property Taxes
One of the options for the estimated 18,000 families that may have been affected by unfair property taxes in Fulton County, is pursuing a class action lawsuit. While the money owed to each homeowner may vary, by banding together in a class action lawsuit, legal fees can be shared. It is estimated that Fulton County may owe $18 million or more in overpaid property taxes due to its unfair assessment practices. A class action lawsuit can recover funds for the plaintiffs and bring light to unfair property taxation methods to prevent similar issues in the future.
If you live in Fulton County and believe your home was unfairly assessed in value, costing you more in property taxes, contact our team at Conley Griggs Partin LLP. We can discuss your options during a free consultation. You may be able to join a class action lawsuit to recover your overpaid property taxes.