Agenda - 02-04-1991 - Laserfiche WebLink

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1LAC,HL�_rY A 5 during the regular listing period be listed, assessed and taxed as provided in this Subchapter. The assessor shall file repo:•-ts of such discoveries with the board of commissioners in such manner as the board may require.. (c) -Carrying Forward Real Property. — At the close of the regu- lar listing period each year, the assessor shall compare the tax lists submitted during the listing period just ended with the lists for the preceding year, and he shall carry forward to the lists of the current year all real property that was listed in the preceding year but that was not listed for the current year. When carried forward, the real property. shall be listed in the name of the taxpayer who listed it in the preceding year unless, under the provisions of G.S. 105 -302, it must be listed iu the name of another taxpayer. Real property car- ried forward in this manner shall be deemed to be discovered prop- erty, and the procedures prescribed in subsection (d), below, shall be followed unless the property discovered is listed in the name of the taxpayer who listed it for the preceding year and the property is not subject to appraisal under either G.S. 105 -286 or G.S. 105 -287 in which case no notice of the listing and valuation need be sent to the taxpayer. . (d) Procedure for Listing, Appraising, and Assessing Discovered Property. - 7 Subject to the provisions of subsection (c), above, and the presumptions established -by subsection (f), below, discovered property shall be listed by the assessor in the name of the person required_by G.S. 105 -302 or G.S. 105 -306. The discovery shall be deemed to be made on the date that the abstract is made or cor- rected pursuant to subsection (e) of this section. The assessor shall also make a tentative appraisal of the discovered property in accor- dance with the best information available to him. VL'hen a discovery is made, the assessor shall mail a notice to the person in whose name the discovered property has been listed. The notice shall contain the following information: (1) The name and address of the person in whose name the property is listed; (2) A brief description of the property; (3) A tentative appraisal of the property; (4) A statement to the effect that the listing and appraisal will become final unless written exception thereto is filed with the assessor within 30 days from date of the notice. Upon receipt of a timely exception to the notice of discovery, the assessor shall arrange a conference with the taxpayer to afford him the opportunity to present any evidence or argument he may have regarding the discovery. Within 15 days after the conference, the assessor shall give written notice to the taxpayer of his final deci- sion. Written notice shall not be required, however, if the taxpayer ^' signs an agreement accepting the listing and appraisal. In cases in which agreement is not reached, the taxpayer shall have 15 days from the date of the notice to request review of the decision of the assessor by the board of equalization and review or, if that board is not in session, by the board of commissioners. Unless the request for review by the county board is given at the conference, it shall be made in writing to the assessor. Upon receipt of a timely request for review, the provisions of G.S. 105 -322 or G.S. 105 -325, as appropri- ate- shall be. followed::.. - (e) Record of Discovered Property. -- When pr opertv is discov- ered, the taxpayer's original abstract (if one was submitted) may be 112