Robert Maratta

The Assessment Review Board heard appeals regarding the property assessments of four freehold townhouses built on a remediated brownfields site.

The appellants argued the assessments were either too low or too high.

The Board accepted MPAC's methodology, determining the current value based on time-adjusted sales of one of the units, and applied an equity adjustment based on MPAC's assessment to sales ratio analysis.

The Board found it lacked jurisdiction to address the owners' concerns regarding the brownfields remediation agreements.

The moving parties, owners of four properties, sought a review of an Assessment Review Board decision.

They argued that a developer receiving tax grants based on assessed values should have filed a Request for Reconsideration (RFR) before appealing the 2012 property assessments.

The Board dismissed the motion, finding that the developer was not the legal owner of the properties in the 2012 taxation year and was not entitled to receive notices of assessment.

Therefore, the developer was not required to file an RFR and properly brought third-party appeals under section 40(9) of the Assessment Act.