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Residential Real Estate Assessment Appeal Form. This is a Illinois form and can be use in Lake Local County.
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Tags: Residential Real Estate Assessment Appeal, Illinois Local County, Lake
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ϮϬϭ2 Lake County Board of Review ŚĞĐŬůŝƐƚ
FŽƌ Ă ĐŽŵƉůĞƚĞ ĚĞƐĐƌŝƉƚŝŽŶ ŽĨ ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ƐƵŵŵĂƌŝnjĞĚ ďĞůŽǁ͕ ŝƚ ŝƐ ŝŵƉŽƌƚĂŶƚ ƚŽ ƌĞǀŝĞǁ ƚŚĞ ϮϬϭ2
ZƵůĞƐ ŽĨ ƚŚĞ >ĂŬĞ ŽƵŶƚLJ ŽĂƌĚ ŽĨ ZĞǀŝĞǁ͘
Forms: Use only Lake County forms, found at www.lakecountyil.gov/boardofreview .
Completeness: Fill in all blanks and submit original ƐĞƚ ŽĨ ƉĂƉĞƌǁŽƌŬ.
Signature: Appellant must sign Appeal Form.
Authorization for Tax Reps: Attorney/agent may sign below appellant at bottom of Appeal Form or
Submit Authorization Form signed by appellant.
Timeliness of Appeal and Attached Evidence: File on or before Township Deadline.
Evidence Accepted by the Board:
1. Factual Error
See local assessor and bring supporting documentation, such as a survey.
If proceeding with an appeal: Submit explanation of factual error(s) and supporting
documentation.
2. Recent Sale of Subject Property
Submit signed HUD-1 or ƐŝŐŶĞĚ ŽƌŝŐŝŶĂů Settlement Statement and
the recorded PTAX-203 Žƌ D>^ ĐůŽƐĞĚ ůŝƐƚŝŶŐ ƐŚĞĞƚ ĂŶĚ Ĩŝůů ƉƌŽƉĞƌƚLJ ŚŝƐƚŽƌLJ.
3. Fair Cash Value: Submit one of the following sets of documents or information:
Lake County Comparable Property Grid, populated electronically with Lake County data.
Appraisal (within
extension).
the 14-day residential extension or within
the 30-day commercial
MLS listing sheet and full property history of subject property.
Signed affidavit of contƌactor’s costs plus itemization of all subcontractor’s costs and soft costs
for the completion of subject property.
For income producing properties, submit the Lake County Income Producing Property Form and
supporting documentation as specified in the Board’s 2011 Rules, Section IV C-6.
For vacancy cases, see local assessor or submit an affidavit of vacancy.
4. Equity:
Submit the Lake County Residential Comparison Grid, populated electronically with Lake County data.
5. Matter of Law
Submit a brief͘
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