Wednesday, 05 September 2012 04:53
Chehardy: Assessing the property damage from Isaac
Written by 

delery-damage-houseHurricane Isaac has moved on.  Many people were lulled to sleep by the media and led to believe that Isaac would be a wind and rain event, not too bad by tropical storm and Category 1 hurricane standards.  Little did anyone realize that Isaac would not only move onshore just to the west of Greater New Orleans but that he would cause deadly flooding and extensive wind damage for so many people.  Isaac liked South Louisiana a little too much and hung around far too long. 

 

 

Entergy and other power companies have worked to get power back on line, local government is moving to clean up the streets and repair damage to government buildings, schools, and infrastructure, and telephone and local cable providers are working to restore service.  Offices, businesses, and retail outlets are reopening at a quick pace.  But where does this leave the many homeowners and business people whose property suffered real damage as a result of the storm?  In this there is good news regarding their annual property tax liability. 

Following Hurricane Katrina while still serving as Assessor of Jefferson Parish I pushed through the legislature a new law that allows the assessor to value damaged property in its damaged condition.  (See House Bill 46 of the 2006 Special Legislative Session.  This law was updated in the 2006 Regular Legislative Session as House Bill 684.)  

Under general law, property is assessed for property tax purposes in its condition as of January 1 of each year.  Back on January 1 Isaac was an unknown future event.  But now, as the result of Isaac, property is damaged.  Roofs are gone, walls have collapsed, and in some cases buildings may have moved off of their foundations.  Some homes and business property cannot be occupied due to the damage that has occurred.  The widespread damage caused by Katrina in 2005 made the passage of HB 46 critical and made it a little easier for people to repair their property and move back home.  Today HB 684 will also make it easier for property owners whose property suffered damage as a result of Isaac to repair their property and move home and restart their businesses.  It would be grossly unfair to require property owners to pay taxes on structures and other property that is no longer there or is so damaged that the property would not be usable until it is repaired or replaced.  The law worked well post-Katrina and the law will work well now post Isaac. 

If your property has been damaged as a result of Isaac you should gather together photographs of the damage and valid cost estimates to repair the property.  Such estimates may come from your insurance carrier as well as from your contractor.  Put this information together and contact your assessor to find out what additional information the office may require.  The law will allow the assessor to reduce your assessed value for 2012 based on the reduction in value of your property as a result of the damage caused by Hurricane Isaac.

 

 

 

              

  Want more Louisiana news?               

Louisiana News

Louisiana Politics

Louisiana Business

Louisiana Government

             
 Baton Rouge News

Lafayette News

Shreveport  News

New Orleans News

   

 

Signup for Our Newsletter

qr

Scan the QR Code above using your smartphone to signup for our newsletter.

Join Our Email List
Email:  

 

 

Lawrence Chehardy

For thirty-four years Lawrence Chehardy served as Assessor of Jefferson Parish. He has been the leading authority on Louisiana’s property tax laws. In addition to his political commentary and public speaking engagements, Lawrence Chehardy is a founding member of the Chehardy, Sherman, Ellis, Murray, Recile, Griffith, Stakelum & Hayes Law Firm and serves as its managing partner.

Visit Bayoubuzz's Google Page

Login to post comments
  • A July 4th Fact of Facts: America is Land of Immigrants
  • Poll: Trump strong on jobs, weak on tweets, viewed as reckless, thin-skinned, sexist
  • President Trump, It doesn't feel like Independence Day
  • YIPPIE! The naked truth about free speech, cherished especially on Independence Day

mass2On July 4, 1778, George Washington doubled liquor rations for the soldiers quartered in Princeton, NJ, as a way to celebrate Independence Day. It’s fitting, therefore, that the Fourth of July is America's top-selling beer holiday, according to the Beer Institute. It estimated, in 2013, that sales of beer on the 4th could total $1 billion, doubtlessly higher today. “In moderation,” claims a CA brewery investor, Grover McKean, “beer is tasty and healthy.” Who could disagree?

Read More

joe mikaAs Donald Trump faces the top world leaders this week, including a face-time with Vladimir Putin, and as his healthcare proposals face an uphill climb, his poll numbers for how the nation views him could be better.

According to a morning Consult/Politico poll released Wednesday morning, his tweets, including that against MSNBC's Mika Brzezinski, and his personality are not helping him, at all.

Read More

indy dayII know the calendar says we are approaching the 4th of July, but, it just doesn’t feel like Independence Day.

Perhaps it should.  It’s hot as heck.  The airlines have been packed. The hot dogs are ready for grilling.  The umps are saying, "play ball". The patriotic activities are scheduled. The fireworks are ready-for-blasting. 

Yet, it just doesn’t feel like independence day.

Read More

bill rights2To President Thomas Jefferson, July 4th celebrated more than the signing of the Declaration of Independence. He thought it was a link to the future. The message prominent colonists sent to King George III led to the Constitution and the Bill of Rights, the initial and most prominent feature of which is the First Amendment that guarantees free speech. It’s part of the country’s fundamental essence that each man and woman can say what they feel about government, or anything else, proving President Donald Trump needs some civics lessons.

Read More

latter-blum2

Dead Pelican

Optimized-DeadPelican2 1 1