Miami Tax Appeals, Inc. - Contingency Fee Agreement


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This agreement will confirm the undersigned,

(Property Owner or Corporate Officer) hereby employs Miami Tax Appeals, Inc. as the representative of Property Owner in an effort to reduce the 2024 assessed value of the following real property(s) located in Miami-Dade and/or Broward County, Florida:

Full Property Address:                     

Folio Number:

For services rendered hereunder, Property Owner or Corporate Officer agrees to pay Miami Tax Appeals, Inc. a Contingency Fee equal to 35% of the 2024 property tax savings for the property(s) listed above. The savings will be calculated on the total tax bill, not the discounted tax bill for early payment of taxes. This fee shall be owed if there is a reduction to the property's 2024 assessed value and associated property taxes which comes as a result of our efforts. The tax savings are calculated by multiplying the total YEAR 2024 assessed value reduction, by the 2024 millage rate.

FOR EXAMPLE: if the YEAR 2024 assessed value is reduced by $50,000.00, and the millage rate for that municipality is $22.00/$1,000.00 of assessed value, then the tax savings to the property owner would be $1,100.00. The contingency fee of 35% percent or $385.00 would be payable to Miami Tax Appeals, Inc.

Property Owner or Corporate Officer agrees to pay a Non-Refundable fee of $35 per property to cover the County’s Value Adjustment Board Filing Fee and Miami Tax Appeals, Inc. Administrative and Processing Fees.

Property Owner or Corporate Officer hereby authorizes Miami Tax Appeals, Inc. to perform its services hereunder using prudent judgment and discretion, which may include informal communications with the County’s Property Appraiser Office and/or formal Value Adjustment Board Hearings. If the petition is denied and no reduction is granted by either the Property Appraiser’s Office directly via informal conference or by a Special Magistrate after a formal hearing, no contingency fee is due to Miami Tax Appeals, Inc.

Under the terms of this Agreement Miami Tax Appeals, Inc. is hereby employed to act as agent and representative for Property Owner or Corporate Officer, regarding any matters related to the assessed value of the property under petition.  This agreement includes presentation and discussion of evidence before a Special Magistrate at a formal Value Adjustment Board hearing, or any informal conference with a County Property Appraiser representative in an effort to reduce the 2024 assessed value.  Property Owner or Corporate Officer understands there is no guarantee of a particular outcome which would result from either formal Value Adjustment Board hearings or informal conferences with the County Property Appraiser Office.

Property Owner or Corporate Officer understands that under the terms of this agreement Miami Tax Appeals, Inc. may at its sole discretion refer work to and/or consult with associates and/or other industry professionals as deemed appropriate in efforts related to pursuing the most favorable outcome for the property under petition.

In an effort to be the most effective advocate for the Property Owner, Miami Tax Appeals, Inc. may require additional relevant information regarding the property under petition. Property Owner or Corporate Officer hereby agrees upon request, to provide Miami Tax Appeals, Inc., with any information which may be required for analysis purposes and as support in our efforts to reduce the YEAR 2024 assessed value. This additional information may include photos of subject property, work receipts for items of deferred maintenance, property rent rolls, income and expense statements, surveys, appraisals, or any other relevant data which may aid in the petition.  

After conducting an assessment review for the property under petition, Miami Tax Appeals, Inc. may conclude the property is fairly assessed and/or the appeal has no merit. If this is the result of the assessment review, then Miami Tax Appeals, Inc. has the authority under this agreement to withdraw the petition at any time. Miami Tax Appeals, Inc. will not be held liable or responsible for assessments in future years or for failure to reduce the assessed values for the year under petition. Property Owner or Corporate Officer acknowledges that Miami Tax Appeals, Inc. will not institute any legal action in circuit court to contest the tax assessment for the property(s) listed above.

If a reduction is obtained, Property Owner or Corporate Officer shall pay the 35% Contingency Fee due to Miami Tax Appeals, Inc. in full within 30 days upon receipt by Property Owner or Corporate Officer and/or Miami Tax Appeals, Inc. of any official documentation by the County showing the reduction in taxes, or after Property Owner or Corporate Officer receives a revised property tax statement, or after a refund check has been mailed from the County Tax Collector's Office whichever occurs first. 

Any outstanding fees owed to Miami Tax Appeals, Inc. from Property Owner or Corporate Officer shall bear interest at the rate of 1.5% (one and one-half percent) per month until paid in full. In the event Miami Tax Appeals, Inc. is required to enforce collection of fees due from Property Owner or Corporate Officer pursuant to this agreement, Property Owner or Corporate Officer agrees to pay Miami Tax Appeals, Inc. all reasonable costs and Attorney’s fees incurred, as well as any other costs or fees allowed by controlling law. In the event legal proceedings are necessary to enforce this Agreement, venue shall be in Miami-Dade County, Florida.

If a property under the terms of this agreement is sold or otherwise transferred, prior to the conclusion of Miami Tax Appeals, Inc. engagement, and or the payment of its fee(s); Property Owner or Corporate Officer shall continue to remain liable for the payment of fee to Miami Tax Appeals, Inc. until paid or unless and until Property Owner's transferee assumes in writing, clients obligations under this agreement by novation.

As per Florida Statutes (Section 194.014, F.S.): A Property Owner who contests the assessed value is required to pay all of the non-ad valorem assessments and make a partial payment of 75% of the ad valorem property taxes by the tax Due Date of March 31 for the tax year under petition. Failure to make the payment will result in an Value Adjustment Board Administrative Withdrawal of the filed petition, nullifying the petition and/or any hearing results.  Miami Tax Appeals, Inc. fees will remain applicable in the event Property Owner or Corporate Officer does not comply with the above referenced State Law. 

 

Property Owner/Corporate Officer:                                                             President, Miami Tax Appeals, Inc.:

 

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Signed by Luis Rubio
Signed On: November 21, 2023


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Document name: Miami Tax Appeals, Inc. - Contingency Fee Agreement
lock iconUnique Document ID: 69713dead5023bb71b34bd2915a624683042c4b4
Timestamp Audit
May 18, 2020 5:12 pm EDTMiami Tax Appeals, Inc. - Contingency Fee Agreement Uploaded by Luis Rubio - [email protected] IP 73.244.255.221, 73.244.255.221, 132.148.110.7, 0.0.0.0, 73.244.255.221