The ruling is bound to be one of the most controversial in recent commercial real estate annals in Central Florida, brokers and tax specialists familiar with other tourist ventures tell GlobeSt.com.
"Right now, there is nothing with which to compare this project in the entire United States and that is bound to make the property appraiser's decision a precedent-setting action," an area real estate lawyer tells GlobeSt.com on condition of anonymity.
"However he rules, the decision is sure to be appealed" to an Orange Circuit Court panel of judges, the lawyer says.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
