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New Property Appraisal Laws in Effect in Texas
Saturday, March 13th, 2010 at 7:56pm. 2479 Views, 2 Comments.
Several new laws affecting homeowners went into effect on January 1 of this year. Although there are numerous new laws that Texas residents should learn more about, those that specifically affect homeowners include new laws that are meant to lower property taxes as well as those that are meant to improve the home appraisal process.
Several new pieces of legislation related to property taxes were passed by lawmakers last year. One of these includes legislation that will limit what is known as a "comparable sale" as well as creating a new arbitration process. Additional legislation establishes new requirements for requesting to increase the amount of a property appraisal after successfully completing an appeal.
According to an Austin Biz Journals report, Texas…
Several new pieces of legislation related to property taxes were passed by lawmakers last year. One of these includes legislation that will limit what is known as a "comparable sale" as well as creating a new arbitration process. Additional legislation establishes new requirements for requesting to increase the amount of a property appraisal after successfully completing an appeal.
According to an Austin Biz Journals report, Texas…