§ 67-5-1601 General provisions – Administration – Costs – Penalty for failure to comply
§ 67-5-1602 Repayment of reappraisal loans
§ 67-5-1603 Equalization of assessments based on reappraisals
§ 67-5-1604 Appraisal ratio studies
§ 67-5-1605 Periodic appraisal ratio studies required
§ 67-5-1606 Annual overall ratio of appraisal – Ratios for classifications – Public utility properties and operating properties of modern market telecommunications providers
§ 67-5-1608 When penalty and interest attach
§ 67-5-1609 Untimely completion of program – Notice – Extension of reappraisal
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Terms Used In Tennessee Code > Title 67 > Chapter 5 > Part 16 - Periodic Reappraisal and Equalization

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • County mayor: means and includes "county executive" unless the context clearly indicates otherwise. See Tennessee Code 1-3-105
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • real property: include lands, tenements and hereditaments, and all rights thereto and interests therein, equitable as well as legal. See Tennessee Code 1-3-105
  • Representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • Trustee: A person or institution holding and administering property in trust.
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105