Legal Opinion
Wynwood Apartments, Inc. v. Board of Revision
Ohio Supreme Court
Decided July 3, 1979No. 78-1505PublishedCited by 23 opinions
1Opinion of the CourtCelebrezze, C. J.
In order to determine the taxable value of the subject property, the Board of Tax Appeals must first determine the “true value in money,” as mandated by Section 2, Article XII of the Ohio Constitution, and as codified in Title 57 of the Revised Code.
There was no recent- arm’s-length transfer of the property to serve as “best evidence” of the true value in money which the board must rely upon under R. C. 5717.03 and ■the case law of this court. See Conalco v. Bd. of Revision (1977), 50 Ohio St. 2d 129; and State, ex rel. Park Investment Co. v. Bd. of Tax Appeals (1964), 175 Ohio St. 410. This…
2Cases cited14 opinions
- Conalco, Inc. v. Monroe County Board of RevisionOhio Supreme Court · 1977
- Parkview Village Associates v. Borough of CollingswoodSupreme Court of New Jersey · 1972
- Yadco, Inc. v. Yankton CountySouth Dakota Supreme Court · 1975
- Donovan v. City of HaverhillMassachusetts Supreme Judicial Court · 1923
- Springfield Marine Bank v. Property Tax Appeal BoardIllinois Supreme Court · 1970
9 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Berea City School District Board of Education v. Cuyahoga County Board of RevisionOhio Supreme Court · 2005
- Alliance Towers, Ltd. v. Stark County Board of RevisionOhio Supreme Court · 1988
- Darcel, Inc. v. City of Manitowoc Board of ReviewWisconsin Supreme Court · 1987
- Woda Ivy Glen Ltd. Partnership v. Fayette County Board of RevisionOhio Supreme Court · 2009
- City & County of Denver v. Board of Assessment AppealsSupreme Court of Colorado · 1993
18 more not listed; retrieve them via the Exa API.