CAE CAE Appeals and Dispute Resolution 3

Question 1

What is the significance of the 'assessment freeze' remedy in some property tax appeals?

Accepted Answer

It prevents the assessor from increasing the value for a set number of years following a successful appeal

Answer

An assessment freeze remedy following a successful appeal prevents the assessor from raising the property's value back up for a specified period, protecting the taxpayer's win.

Question 2

When a taxpayer claims their assessment is discriminatory compared to similar properties, which type of appeal are they filing?

Accepted Answer

An inequity or uniformity appeal

Answer

An inequity or uniformity appeal argues that the subject property is assessed at a higher ratio of market value than similar properties, violating the uniformity requirement.

Question 3

What does 'de novo' review mean in the context of a judicial property tax appeal?

Accepted Answer

The court conducts a fresh, independent review of the evidence without deference to the lower body's decision

Answer

De novo review means the court conducts a completely fresh review of the facts and law, without giving deference to the administrative board's prior decision.

Question 4

Which document is typically required to initiate a formal assessment appeal in most U.S. jurisdictions?

Accepted Answer

A written petition or complaint form filed with the review board by the appeal deadline

Answer

A formal written petition or complaint form, filed with the appropriate board by the statutory deadline, is the required document to initiate most property tax appeals.

Question 5

What is the purpose of conducting a 'sales ratio study' in an assessment appeal case involving systemic inequity?

Accepted Answer

To demonstrate the overall assessment level and uniformity across a neighborhood or class of properties

Answer

A sales ratio study compares assessed values to sales prices across a group of properties, providing statistical evidence of the assessment level and uniformity for equity appeals.

CAE - Certified Assessment Evaluator Practice Test

CAE - Certified Assessment Evaluator Practice Test

CAE CAE Appeals and Dispute Resolution 3