“Closing the Deal: Unexpected Property Tax and Condemnation Consequences” Multnomah Bar Association CLE Seminar
Cynthia Fraser will be speaking on how property taxes and condemnation clauses could have adverse short and long term effects on business deals.
When closing a deal, there are risks with simply relying on the current property tax assessment to estimate your client’s tax liability. Changing the use of a property may trigger an exception to the constitutional cap on taxes. It is also important to understand the highest and best use of your client’s property when negotiating a condemnation clause in a contract. For more information visit the Multnomah Bar Association site.
