Kansas Statutes Annotated
Updated Through the 2016 Legislative Session

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Statute Number:79-504
Chapter Title:TAXATION
Article Title:RULES FOR VALUING PROPERTY
Tax Type:Property Tax
Brief Description:Appraisal standards; definitions.
Keywords:


Body:

79-504.Appraisal standards; definitions.For the purposes of this act:
(a) “Appraisal foundation” and “foundation” mean the appraisal foundation established on November 30, 1987, as a not-for-profit corporation under the laws of Illinois.
(b) “Written appraisal” means a written statement used in connection with the activities of the division of property valuation or a county appraiser that is independently and impartially prepared by a county appraiser setting forth an opinion of defined value of an adequately described property as of a specific date, supported by presentation and analysis of relevant market information.
History:L. 1992, ch. 249, 3; L. 2016, ch. 112, 10; July 1.



Date Composed: 11/10/2016 Date Modified: 11/14/2016

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