OAR 150-308-0100
Determining Maximum Assessed Value when the Property Class is Changed
# (1)
(1) The single act of changing the property classification, described in OAR 150-308-0310, to better reflect the highest and best use of the property, does not qualify as an exception to the 3 percent limitation on growth in the maximum assessed value (MAV), as described in ORS 308.146(1).
# (2)
(2) Any exception value added to the base MAV after the change is made to the property class will be calculated by applying the changed property ratio of the current property class to the real market value of any qualified exception identified in ORS 308.146.
Amendment history
Renumbered from 150-308.146, REV 58-2016, f. 8-13-16, cert. ef. 9-1-16
Source: view the official text
In this chapter (40 sections)
- 150-308-0010 · Continuing Education Requirements for Registered…
- 150-308-0020 · Revocation of Appraiser Registration
- 150-308-0030 · County Appraiser Trainee Exam Preparation Course
- 150-308-0040 · Standards for Imposition, Waiver, and Reduction of…
- 150-308-0050 · Continuing Education Requirements for Assessors
- 150-308-0060 · Continuing Education Requirement for Appraisal Managers…
- 150-308-0070 · Qualifications of Managerial Employees of the Assessor’s…
- 150-308-0080 · Taxable Personal Property Whose Temporary Situs Is in…
- 150-308-0090 · Billboards as Real Property
- 150-308-0100 · Determining Maximum Assessed Value when the Property…
- 150-308-0110 · Reduction of Maximum Assessed Value (MAV) for Property…
- 150-308-0120 · Reduction of Maximum Assessed Value (MAV) When a…
- 150-308-0130 · Definitions
- 150-308-0140 · Computation of Changed Property Ratio for Centrally…
- 150-308-0150 · Net Capitalized Additions
- 150-308-0160 · Minor Construction
- 150-308-0170 · Establishing a Changed Property Ratio
- 150-308-0180 · Definition of Affected
- 150-308-0190 · Subdivided and Partitioned Property MAV
- 150-308-0200 · Rezoned Property — Calculating Maximum Assessed Value…
- 150-308-0210 · Omitted Property—Allocating Maximum Assessed Value (MAV)
- 150-308-0220 · Exemption, Partial Exemption or Special Assessment…
- 150-308-0230 · Calculation of Maximum Assessed Value (MAV) for Lot Line…
- 150-308-0240 · Real Property Valuation for Tax Purposes
- 150-308-0245 · Partial Exemptions and Special Assessments of Land
- 150-308-0250 · Derivation of Capital Structure and Discount Rates for…
- 150-308-0260 · Industrial Property Valuation for Tax Purposes
- 150-308-0270 · Valuation of Contaminated Property
- 150-308-0280 · Measuring Functional Obsolescence in Industrial Property
- 150-308-0290 · Effective Tax Rate
- 150-308-0300 · Valuation Review of State-appraised Industrial Property.
- 150-308-0310 · Real Market Value and Property Classification as Part of…
- 150-308-0320 · Property With Multiple Leases Assessed as One Parcel
- 150-308-0330 · Contents of Assessment Roll for Condominiums
- 150-308-0340 · Printout or Microfiche Required When Assessment and Tax…
- 150-308-0350 · Filing Requirements for Certain Delayed Annexations by…
- 150-308-0355 · Filing Requirements for Boundary Changes
- 150-308-0360 · Appraisals of Real Property by Registered Appraisers
- 150-308-0370 · Determining Taxable Value for Assessment Charges on…
- 150-308-0380 · Appraisal of Real Property