Notice of Real Estate Value Change is a legal document that was released by the Arkansas Assessment Coordination Department - a government authority operating within Arkansas.
Q: What is a Notice of Real Estate Value Change?
A: A Notice of Real Estate Value Change is a document that notifies property owners in Arkansas of any changes in the assessed value of their real estate.
Q: Why would I receive a Notice of Real Estate Value Change?
A: You would receive a Notice of Real Estate Value Change if there has been a change in the assessed value of your property, which can happen due to various reasons, such as renovations, reassessment, or changes in market conditions.
Q: What should I do if I receive a Notice of Real Estate Value Change?
A: If you receive a Notice of Real Estate Value Change, you should review the information provided, including the new assessed value of your property, and contact the relevant local taxing authority if you have any questions or believe there is an error.
Q: Can I appeal the assessed value stated in the Notice of Real Estate Value Change?
A: Yes, you can appeal the assessed value stated in the Notice of Real Estate Value Change if you believe it is inaccurate. The notice should provide instructions on how to initiate the appeals process.
Q: What happens if I do not agree with the assessed value stated in the Notice of Real Estate Value Change?
A: If you do not agree with the assessed value stated in the Notice of Real Estate Value Change, you can follow the appeals process outlined in the notice to present your case and potentially have the assessed value adjusted.
Q: Is it possible for my property's assessed value to increase without any changes or improvements made to the property?
A: Yes, it is possible for your property's assessed value to increase even if no changes or improvements have been made to the property. Assessments can be influenced by factors such as changes in market conditions or reassessment of properties in the area.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Arkansas Assessment Coordination Department.