Bill Summaries: S363 (2017-2018 Session)

  • Summary date: Mar 22 2017 - View summary

    Amends GS 105-322 to direct county boards of equalization and review to modify appealed property appraisals to the value provided in an appraisal by a certified general real estate appraiser offered as evidence by an appellant, and to include the offered appraisal in the record in any subsequent appeal.

    Amends GS 105-290 to require a county with an exception to an order of the county board of equalization and review or the board of county commissioners pursuant to a submitted appraisal as described above to submit an appraisal by the county's appraiser and an appraisal by another certified general real estate appraiser mutually chosen by the county's appraiser and the appellant's appraiser. Directs the Property Tax Commission to enter an order, in the above situation, to modify the appealed appraisal to the average value provided in the appraisals required to be provided to the Commission.