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Property Tax Binding Arbitration for Property Owners Susan Combs, Texas Comptroller of Public Accounts JULY 2013 Frequently Asked Questions B Binding arbitration creates a forum in which both parties
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What is property tax binding arbitration?
Property tax binding arbitration is a process where a third party arbitrator makes a decision on property tax disputes between the property owner and the taxing authority.
Who is required to file property tax binding arbitration?
Property owners who believe their property has been unfairly assessed for tax purposes are required to file for property tax binding arbitration.
How to fill out property tax binding arbitration?
Property owners can fill out property tax binding arbitration forms provided by the local tax authority and submit necessary supporting documents.
What is the purpose of property tax binding arbitration?
The purpose of property tax binding arbitration is to resolve disputes between property owners and taxing authorities regarding property tax assessments.
What information must be reported on property tax binding arbitration?
Property owners must report details about their property, current tax assessment, reasons for disputing the assessment, and any supporting evidence.
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