Kansas § 79-504 Appraisal standards; definitions

Kansas Statutes

§ 79-504 — Appraisal standards; definitions

Kansas § 79-504

Ch. 79TAXATION

Art. 5RULES FOR VALUING PROPERTY

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Bluebook

Kan. Stat. Ann. § 79-504 (2026).

Text

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.

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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.