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The tight market for real estate and higher prices, both residential and commercial, created generally higher tax valuations in Cuyahoga and other counties in their 2021 revaluations. Higher values generally mean higher taxes. At the same time commercial owners of properties such as hotels and shopping plazas have been especially hard hit by the pandemic. […]
Weston Hurd LLP is proud to be named in the 2022 U.S. News-Best Lawyers® “Best Law Firms” rankings in both national and metropolitan categories. Overall, Weston Hurd was listed in 13 practice areas, including a national ranking in Insurance Law. According to Best Lawyers, firms “are recognized for professional excellence with consistently impressive ratings from clients […]
Recognition in The Best Lawyers in America© 2022, is based on a methodology “…designed to capture, as accurately as possible, the consensus opinion of leading lawyers about the professional abilities of their colleagues within the same geographical area and legal practice area.” Best Lawyers® is the only purely peer-review™ guide to the legal profession. Congratulations Weston Hurd attorneys: […]
Beginning with the tax year 2022, any owner of real property exempt from Ohio real estate taxes will be required to notify their respective county auditor if the realty ceases to qualify for such tax exemption. The owner of the exempt property must notify the auditor of the loss of exemption by December 31 of the […]
WESTON HURD LLP is pleased to announce that MATTHEW K. SEELEY has joined the Firm as a Partner. Matthew is a commercial, employment, and real estate attorney with nearly 25 years of accumulated experience representing clients who include Fortune 500 companies, midsized entities, startups, and individuals. During his career, Matthew has litigated cases throughout Ohio, and […]
Tina Y. Rhodes focuses her practice on litigation including employment, business, products liability, appellate, and real estate matters. Tina received her J.D. cum laude in 1986 from North Carolina Central University School of Law and her B.A. in 1983 from Cleveland State University. In addition to her Ohio Bar admission, Tina is admitted before the United States District […]
This is the third and last installment of advisories discussing recently enacted Ohio Senate Bill 57 (the “Bill”) and its impact on Ohio real property tax reductions and exemptions. Frequently, commercial and industrial property leases require the tenant to pay all expenses attending the realty leased, including real estate taxes. However, historically, under applicable law, such a business tenant could […]
In last week’s Advisory, we reported that Ohio Governor Mike DeWine had signed S.B.57 (the “Bill”) which allows for applying to reduce real property taxes due to circumstances directly related to COVID-19. Also contained within the Bill are provisions which solidify the exemption from real property taxes for §501(c)(3) organizations which provide supported housing to individuals diagnosed with […]
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