Get Personal Property Rendition Form - Dor Ms

The amount of exemption is determined from tables that are provided by law. Persons who are 65 years of age and older or who are disabled, upon application and proof of eligibility, are exempt from all ad valorem taxes up to $7,500.00 of assessed value.

Mississippi Property Tax Rules For owner-occupied residential properties the assessed value is equal to 10% of market value (also called true value). The rate for all other real estate is 15%. Each county has an assessor, who is required to revalue each property in the county at least once every four years.

Taxes are due on or before February 1 for property assessed the preceding year. If February 1 falls on a weekend or legal holiday, taxes may be paid the following Monday without penalties or interest.

A rendition is a form that provides the appraisal district with the description, location, cost and acquisition dates for business personal property that you own. The appraisal district uses the information to help estimate the market value of your property for taxation purposes.

of property and is generally based on the value of the property. In Mississippi, real property is subject to tax unless exempt as stated by state law.

Note that all taxes assessed against the property must have been paid by the party claiming adverse possession, and they must have been paid in a timely fashion for the full five years.

Personal property is assessed at 15% of appraised value.

An assessor will not enter your house or dwelling unless they have specific permission.