Instructions for Market Value Report Form - Minnesota

This document was released by Minnesota Department of Revenue and contains the most recent official instructions for Market Value Report Form .

FAQ

Q: What is the Market Value Report Form?
A: The Market Value Report Form is a document used in Minnesota to report the market value of real property.

Q: Who needs to fill out the Market Value Report Form?
A: Property owners or their designated representatives are responsible for filling out the Market Value Report Form.

Q: When is the Market Value Report Form due?
A: The Market Value Report Form is typically due on May 15th of each year.

Q: What information is required on the Market Value Report Form?
A: The Market Value Report Form requires information about the property, including its address, description, and market value.

Q: What happens if I don't file the Market Value Report Form?
A: Failure to file the Market Value Report Form may result in penalties or an estimated market value assigned by the county assessor.

Q: Are there any exemptions from filing the Market Value Report Form?
A: Certain types of properties may be exempt from filing the Market Value Report Form. Contact your local county assessor's office for more information.

Q: What is the purpose of the Market Value Report Form?
A: The Market Value Report Form is used to determine the assessed value of the property for tax purposes.

Q: Can I appeal the market value assessment on the Market Value Report Form?
A: Yes, property owners have the right to appeal the market value assessment on the Market Value Report Form if they believe it is incorrect.