Legal Issues Involving the Valuation of Golf Courses and Country Clubs for Ad Valorem Taxation (2017)
Member Price: $55
Non-Member Price: $69
Written by: Garry J. Roettger, Esq.
This essential new publication is designed to serve as an indispensable resource and roadmap for appraising, planning, trying and settling golf course and country club tax appeals. It also provides a complete review of the strengths and weakness of the cost, income and comparable sales approaches. If you handle golf course valuations or sales in your practice, you won’t want to go without this essential new treatise.
Table of Contents:
1. How Golf Got Stuck in the Rough
2. Golf Industry Definitions
3. Three Valuation Methods
4. Comparable Sales Approach
5. Going Concern Value
6. Coast Approach
7. Income Capitalization Approach
8. Imparted Value
9. The Valuation of Surplus/Excess Land
10. The Treatment of Evidence in Condemnation Jury Trial v. Tax Appeal Bench Trials
11. The “d” or Use Variance
12. Reasonable Probability of Obtaining All Required Variances, Approvals and Permits
13. Trial Judges Gate Keeping Function
14. Gale & Kitson Fredon Golf, L.L.C. v. Township of Fredon
15. Forest Hill Golf Club v. Belleville
16. Marina Dist. Dev. v. Atlantic City
17. Unintended Consequences
18. Suggested Model for the Trial of For-Profit Golf Course or For-Profit Country Clubs
19. Caveat
Member Price: $55
Non-Member Price: $69