Agenda - 09-02-2008 - 4e - Laserfiche WebLink

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(1) Correct a clerical or mathematical error; (2) Correct an appraisal error resulting from a misapplication of the schedules, standards, and rules used in the county's most recent general reappraisal or horizontal adjustment. (2a) Recognize an increase or decrease in the value of property resulting from a conservation or preservation agreement subject to Article 4 of Chapter 121 of the General Statutes, the Conservation and • Historic Preservation Agreements Act. (2b) Recognize an increase or decrease in the value of the property resulting from a physical change to the land or to the improvements on the land, other than a change listed in subsection (b) of this section. 2 (c) Recognize an increase or decrease in the value of the property resulting from a change in the legally permitted use of the property. (3) Recognize an increase or decrease in the value of the property resulting from a factor other than one listed in subsection (b) . (b) In a year in which a general reappraisal or horizontal adjustment of real property in the county is not made, the assessor may not increase or decrease the appraised value of real property, as determined under G.S. 105-286, to recognize a change in value caused by: (1) Normal, physical depreciation of improvements; (2) Inflation, deflation, or other economic changes affecting the county in general; or (3) Betterments to the property made by: a. Repainting buildings or other structures; b. Terracing or other methods of soil conservation;