01 | WORKING WITH THE LEGAL FRAMEWORK
This Knowledge Area includes skills related to the legal basis for assessment and valuation, reassessment and reappraisal cycles, property tax base, exemptions, and taxation.
This Knowledge Area includes skills related to the legal basis for assessment and valuation, reassessment and reappraisal cycles, property tax base, exemptions, and taxation.
When you master the knowledge in this area you will understand the underlying reasons for all appraisal activities and you will have a foundation for interpreting and applying the statutes and regulations. Proficiency in this area is a stepping stone toward all the IAAO designations.
Roles & Tasks
Proficiency in this knowledge area will help people in these roles perform the indicated tasks.
Appraiser-Real Estate
Appraisal Supervisor
Assessment Administrator
Tax Policy Analyst
State Regulator
Proficiency in this knowledge area will help people in these roles perform the indicated tasks.
Appraiser-Real Estate
- Receive and investigate complaints about property assessments, make reappraisals, and submit recommendations for consideration at hearings
Appraisal Supervisor
- Assist the public with questions about state assessment laws and local policies and procedures
Assessment Administrator
- Ensure the timely and accurate assessment of all real and personal property in the jurisdiction
Tax Policy Analyst
- Maintain a working knowledge of the existing legal framework of the property tax system
- Track policy proposals in the legislature for the purpose of educating legislators and local jurisdiction officials regarding their impact on the property tax system
State Regulator
- Monitor performance and perform other analyses
- Enforce property tax laws and regulations, including equalization
