Arizona § 42-13301 Limited property value

Arizona Statutes

§ 42-13301 — Limited property value

Arizona·Title 42 Arizona Revised Statutes·Ch. 13 VALUATION OF LOCALLY ASSESSED PROPERTY·Art. 7 Limitation on Valuation Increases

A.The limited property value of property for property taxation purposes is the limited property value of the property in the preceding valuation year plus five per cent of that value.

B.The current limited property value of a parcel of property shall not exceed its current full cash value.

C.The limited property value of a parcel of property shall be determined and shown on notices and tax rolls as the total limited property value of the property. Separate determinations shall not be made for the limited property value of land and for the improvements on the land in reference to property parcels.

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A. The limited property value of property for property taxation purposes is the limited property value of the property in the preceding valuation year plus five per cent of that value.

B. The current limited property value of a parcel of property shall not exceed its current full cash value.

C. The limited property value of a parcel of property shall be determined and shown on notices and tax rolls as the total limited property value of the property. Separate determinations shall not be made for the limited property value of land and for the improvements on the land in reference to property parcels.

Arizona § 42-13301 (Limited property value) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.