Alabama Statutes
§ 40-7-62 — Property Appraised at Fair and Reasonable Market Value; Basis of Assessment for Ad Valorem Taxes
Alabama § 40-7-62
JurisdictionAlabama
Title 40Revenue and Taxation
Ch. 7Assessment of Taxes Generally
Art. 2Statewide Property Reappraisal
Div. 1General Provisions
This text of Alabama § 40-7-62 (Property Appraised at Fair and Reasonable Market Value; Basis of Assessment for Ad Valorem Taxes) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 40-7-62 (2026).
Text
Each county governing body of this state, through its respective tax assessor, shall have the property of such county appraised at its fair and reasonable market value, which fair and reasonable market value shall be the basis of assessments for ad valorem taxes.
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Legislative History
(Acts 1971, 3rd Ex. Sess., No. 160, p. 4404, §3.)
Nearby Sections
15
§ 40-1-1
Definitions§ 40-1-14
Payment of Court Costs§ 40-1-2
Lien for Taxes - Generally§ 40-1-23
Liability of Officers for ConversionCite This Page — Counsel Stack
Bluebook (online)
Alabama § 40-7-62, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/40-7-62.