WAC 458-15-070 — Disqualification Or Removal

No agency filings affecting this section since 2003 When property has been granted special valuation as historic property, the special valuation shall continue until the property is disqualified or removed by the assessor upon: (1) Expiration of the ten-year special valuation period; (2) Notice by the owner to remove the special valuation; (3) Sale or transfer to an ownership making it exempt from taxation; (4) Sale or transfer of the property through the exercise of the power of eminent domain; (5) Sale or transfer to a new owner; and (a) The property no longer qualifies as historic property; or (b) The new owner does not sign the notice of compliance contained on the real estate excise tax affidavit; (6) Determination by the board that the property no longer qualifies as historic property; or (7) Determination by the board and notice to the assessor that the owner has failed to comply with the conditions established under RCW 84.26.050 , chapter 254-20 WAC or the agreement. [Statutory Authority: RCW 84.08.010 (2) and 84.08.070 . WSR 87-05-022 (Order PT 87-2), § 458-15-070, filed 2/13/87.]