3 ms·
And the same for the reverse: You can claim your house is only worth $40k, but then the city is allowed to buy it for $48k.
by nikanj 5y ago
And the same for the reverse: You can claim your house is only worth $40k, but then the city is allowed to buy it for $48k.
- sokoloff 5y agoI'd be OK with that, but would probably design it to allow the homeowner to "fold" and withdraw their petition to reduce the assessment. (Otherwise, you'd see crap like "Oh, nikanj's kid is a senior next year; let's jack up their assessment because they're not going to want to move and so won't contest it...")