A Look Into the TRIM Notice and What It Means to Miami-Dade Property Owners

by Isaac Benmergui, Esq on November 6, 2013

The first thing you need to do is not panic. This isn’t a bill. Bear that in mind. The TRIM notice is nothing more than an informational letter about the “truth in millage,” (hence the acronym TRIM). This is a letter sent by the Miami-Dade Property Appraiser’s Office for one purpose only: to inform you of proposed tax rates and exemptions.Miami-Dade

In particular, this year, the letters include an informal assessment review form. That form is designed to allow property owners the ability to gauge whether or not their property values are too high. This is a new development in real estate law procedure, replacing the old lengthy appeals process, and rightly so.

Before, owners had to file contestations and then wait for a hearing, typically months after the initial appeal, a process lasting potentially for an entire year. Thanks to the TRIM notice, owners simply need to do one thing: fill out the assessment review form. That’s it. Once the notice is sent back, the appraiser’s staff reviews the evidence included as well as the purported assessment, making a decision on the spot.

I call that pretty efficient! In terms of informational purposes, the letters include the local, school board, county and additional agency tax rates. Additionally, you can view other specific tax breaks and homestead exemptions.

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