Connecticut General Statutes (Tax)
Conn. Gen. Stat. § 12-63d
Change in assessed value of real estate. Relationship to sale price
Official textcga.ct.gov
The assessor in any municipality may not, with respect to any parcel of real property in the assessment list for any assessment year, make a change in the assessed value of such parcel, as compared to the immediately preceding assessment list, solely on the basis of the sale price of such parcel in any sale or transfer of such parcel.
(P.A. 88-321, S. 9, 10.)
Cited. 44 CA 494. Enactment of statute, providing that changes in assessed value may not be made solely on basis of sale price of a parcel, did not in any way limit broad power contained in Sec. 12-55 permitting assessors to conduct interim revaluations. 70 CA 442.
Source: view the official text
In this chapter (40 sections)
- 12-62g · Increase in certain veteran's exemptions upon revaluation
- 12-62j · Interlocal revaluation agreement grant
- 12-62k · Revaluation exemption review committee. Membership.…
- 12-62m · Reports of assessed valuation of property in towns phasing in…
- 12-62n · Municipal option to adopt assessment rates limiting property…
- 12-62o · Municipal option to make annual adjustments in property values
- 12-62p · Municipal option to delay revaluation or suspend phase-in of…
- 12-62q · Regional revaluation program
- 12-62r · Annual adjustments to assessment rates adopted for apartment…
- 12-62s
- 12-62t · Municipal option to delay revaluation or suspend phase-in of…
- 12-62u · Optional regional property tax base revenue sharing:…
- 12-62v · Optional regional property tax base revenue sharing:…
- 12-62w · Optional regional property tax base revenue sharing:…
- 12-62x · Optional regional property tax base revenue sharing:…
- 12-62y · Optional regional property tax base revenue sharing: Revenue…
- 12-63 · Rule of valuation. Depreciation schedules
- 12-63a · Taxation of mobile manufactured homes and mobile manufactured…
- 12-63b · Valuations of rental income real property
- 12-63c · Submission of income and expense information applicable to…
- 12-63d · Change in assessed value of real estate. Relationship to sale…
- 12-63e · Valuation of property on which a polluted or environmentally…
- 12-63f · Payment to state of receipts from certain properties subjected…
- 12-63g · Assessment of buffers to inland wetlands or watercourses
- 12-63h · Land value taxation program
- 12-63k · Reduction of assessment for and allocation of tax revenue…
- 12-64 · Real estate liable to taxation. Easements in air space.…
- 12-64a · Reduction in assessed value of real estate upon removal of…
- 12-65 · Agreements fixing assessments on multifamily housing
- 12-65a · Approval by state referee
- 12-65b · Agreements between municipality and owner or lessee of real…
- 12-65c · Deferral of increased assessments due to rehabilitation:…
- 12-65d · Designation of rehabilitation area. Criteria for deferral of…
- 12-65e · Agreements to fix assessments during, and defer increases…
- 12-65f · Appeal
- 12-65g · Agreements to fix assessments during, and defer increases…
- 12-65h · Agreements between municipality and owner or lessee of real…
- 12-66 · Property of religious, educational or charitable corporations;…
- 12-66a · Taxation of real and personal property held by or on behalf of…
- 12-66b · Validation of municipal taxation of real or personal property…