Arizona Laws > Title 42 > Chapter 15 > Article 1 – Determining Assessed Valuation
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Terms Used In Arizona Laws > Title 42 > Chapter 15 > Article 1 - Determining Assessed Valuation
- Assessed valuation: means the value derived by applying the applicable percentage prescribed by chapter 15, article 1 of this title to the full cash value or limited property value of the property, as applicable. See Arizona Laws 42-11001
- Director: means the director of the department. See Arizona Laws 42-1001
- Limited property value: means the value determined pursuant to section 42-13301. See Arizona Laws 42-11001
- Property: includes both real and personal property. See Arizona Laws 1-215
- Valuation: means the full cash value or limited property value that is determined for real or personal property, as applicable. See Arizona Laws 42-11001