0600-12-.05

Apportioning Assessment Percentages Among Subclasses

Last amended: 2017Year: 2026Length: 50 wordsOfficial source

Cite as Tenn. Comp. R. & Regs. 0600-12-.05

Where the uses of a property include two (2) or more subclasses, the assessor shall apply the appropriate assessment percentage to each subclass. In order to determine the appropriate assessment percentage for each subclass, the assessor shall first determine the share of the total market value attributable to each subclass.
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