This document explains the different types of appraisals as defined by the business valuation standards of the American Society of Appraisers. It also includes a work list and a transmittal letter to accompany the work list.
Vermont The Valuation Expert
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US-L0707
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FAQ
Entry onto the property without explicit permission will be limited to what is legally known as the curtilage, which is the land and yard immediately surrounding your house. An assessor will not enter your house or dwelling unless they have specific permission.
Local property tax rates are determined by municipalities and are applied to a home's assessed value. The assessed value is determined by local assessors, who are called listers in Vermont. The state requires a city or town to conduct a reappraisal if the assessed values in an area fall below 80% of the market value.
Do I have to let the data collector inside? While owners and occupants are not obligated to allow data collectors to enter their property, interior information is required under Vermont State guidelines so characteristics will be estimated if they cannot be observed.
Vermont Property Taxes The state's ?education tax? supports schools (as do local school district taxes in most other states) and is the largest single source of property taxes in Vermont. That statewide education tax is one reason the Green Mountain State has some of the highest property tax rates in the country.
A lister is an official elected by the citizens of a municipality in which the lister resides, while an assessor is hired or appointed by a municipality. Both listers and assessors are compensated by the municipality.
A county assessor may exercise several statutory rights of discovery in order to appraise and assess property when an owner refuses to allow entry upon the property. He may not, however, obtain an administrative inspection warrant or enter private property against the will of the owner.
