Coastal Equities, Inc. v. Chatham County Board of Tax Assessors

Sognier, Chief Judge.

Coastal Equities, Inc., the owner of a motel in Savannah, appealed to the superior court from a decision of the Chatham County Board of Tax Assessors fixing the motel’s fair market value for tax purposes. The case was tried by a jury, which found the fair market value of the property to be $2,350,000, and the trial court entered judgment on the jury’s verdict. Coastal Equities brought this appeal in the Supreme Court from the trial court’s denial of its motion for judgment notwithstanding the verdict or, in the alternative, for a new trial, and the Supreme Court…