Overview: During the latest Brevard County Value Adjustment Board (VAB) meeting, the board approved the inclusion of a late applicant for the special magistrate position after a discussion among members. The meeting also covered routine approvals and scheduling for the upcoming year.
Overview: During a recent Brevard County Value Adjustment Board (VAB) meeting. Former Commissioner Chuck Nelson, representing the appellants as a friend and neighbor, presented the case of two residents who, after buying out a third party’s interest in their shared property, lost their homestead exemption. This loss resulted in their property’s assessed value nearly doubling from $300,000 to almost $600,000. The appellants sought to have their exemption reinstated at the previous level, arguing that no changes in the home’s occupancy or ownership beyond the buyout had occurred.
