reglab/statecodes huggingface dataset:
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-11 - Manufactured homes as personal property

Current through Vol. 41, No. 20, July 1, 2024
(a)
Requirements.
A manufactured
				home will be valued and assessed as personal property when the following
				circumstances exist:
(1) The record owner of
				the land is not the owner of the manufactured home; or
(2) The manufactured home is registered and
				the certificate of title indicates that ownership is in the name of an
				individual other than the record owner of the land unless a valid bill of sale
				and an OTC Form 936 is produced; or
(3) The manufactured home is omitted from the
				assessment and tax rolls.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-12 - Manufactured homes not registered or assessed for ad valorem taxation

Current through Vol. 41, No. 20, July 1, 2024
(a)
Manufactured homes escaping ad valorem taxation for previous
				years.
(1) The county assessor shall
				value and assess all manufactured homes in his/her county at fair cash value
				(market value) as prescribed by law.
(2) The county assessor or a duly appointed
				and authorized deputy is empowered to go upon any premises to view and appraise
				any manufactured home as prescribed by law.
(3) The county assessor or a duly appointed
				and authorized deputy may examine a person under oath in regard to the value of
				a manufactured home.
(4) A
				manufactured home shall not be valued and assessed for any assessment year in
				which the manufactured home was previously assessed for ad valorem taxation in
				any other county in this state.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-13 - Adding manufactured homes omitted in previous years to assessment and tax rolls

Current through Vol. 41, No. 20, July 1, 2024
The procedure for adding manufactured homes to the ad valorem
				  assessment and tax rolls, which has been omitted for previous years, shall be
				  as follows: [
See:
Attorney General Opinion 00-23]
(1)
Notice of assessment.
The
				county assessor shall value the omitted manufactured home and give notice as
				prescribed by law.
(2)
Certificate of assessment (Extension of taxes against tax rolls).
The county assessor will complete a certificate of assessment of omitted
				property. Thereafter, the county assessor will forward the certificate of
				assessment to the county treasurer.
(3)
Calculation.
Calculation of
				taxes due is made in the following fashion:
(A) A fair cash value is to be placed on the
				manufactured home for each of the years omitted.
(B) The fractional assessment percentage of
				the years omitted is to be applied to the fair cash value of the years
				omitted.
(C) The mill levy of the
				appropriate years omitted is to be placed against the assessment for that
				particular year.
(D) If the
				manufactured home is omitted for more than one year, a certificate of
				assessment of omitted property will be calculated by the county
				assessor.
(E) The assessor will
				place the amount of taxes due upon the appropriate tax roll. The amounts will
				be noted by the year omitted. The treasurer will prepare a separate tax
				statement for each taxable year.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-14 - Payment of taxes; proof of registration and failure to show proof of registration

Current through Vol. 41, No. 20, July 1, 2024
(a)
Payment of
				excise tax.
The owner of a manufactured home that documents payment of
				titling and registration fees set out in the Oklahoma Vehicle License and
				Registration Act along with any applicable excise taxes authorized pursuant to
				the Oklahoma Vehicle Excise Tax Act will not be required to pay ad valorem
				taxes for the year of registration of the manufactured home. The manufactured
				home shall be valued and assessed for ad valorem taxes as provided by the Ad
				Valorem Tax Code on January 1st of the year following registration.
				[
See:
68 O.S. § 2813]
(b)
Proof of registration; loss of
				registration and title; refusal to furnish proof of registration.
(1)
Proof of registration.
The
				county assessor of the county where a manufactured home is located shall
				require proof of the following to assure proper payment of ad valorem taxes and
				fees:
(A) Proof of proper
				registration;
(B) Proof of payment
				of excise taxes, if applicable; and,
(C) Proof of payment of ad valorem taxes (OTC
				Form 936).
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-15 - Preparation and content of assessment rolls

Current through Vol. 41, No. 20, July 1, 2024
(a)
Authority to prescribe
				forms.
(1) The Oklahoma Tax Commission
				is authorized by law to prescribe forms for the use of the county assessors in
				the ad valorem assessment process.
(2) The annual assessment roll prepared by
				each county assessor shall be prepared in such form as may be prescribed by the
				Oklahoma Tax Commission.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-16 - Preparation and content of tax rolls

Current through Vol. 41, No. 20, July 1, 2024
(a)
Authority to prescribe forms.
The ad valorem tax rolls shall be
				made up as required by and in the form prescribed by the State Auditor and
				Inspector. The tax rolls shall contain such other information as may be
				required by the State Auditor and Inspector.
(b)
Tax rolls content.
The tax
				roll will show the presence of a manufactured home as prescribed by the State
				Auditor and Inspector.
The taxes for the manufactured home will be calculated
				  separate and apart from the land and other improvements.
Amended at 12 Ok Reg
				  2603, eff 6-26-95
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-17 - Procedure for calculation and payment of taxes

Current through Vol. 41, No. 20, July 1, 2024
(a) The county assessor shall value and
				assess the manufactured home pursuant to the Ad Valorem Tax Code if the
				manufactured home is not listed on the assessment rolls. A manufactured home
				which has not been placed on the assessment rolls, obtained a license plate and
				annual decal, or has not been properly registered as required by law, shall be
				treated as omitted property for.prior years, not to exceed three (3) years.
				However, a manufactured home shall not be treated as omitted property past the
				last valid OTC Form 936 presented to the county assessor.
(b) The county assessor will use the
				following procedure to determine the assessed valuation and taxes due for the
				current year on manufactured homes:
(1) The
				manufactured home will be valued and assessed separately from the land and
				other improvements;
(2) The county
				assessor shall complete a Manufactured Home Certificate 936 (OTC Form
				936).
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-19 - Obtaining a release of taxes paid for ad valorem tax liability before the subsequent move of a manufactured home from initial situs within the tax year

Current through Vol. 41, No. 20, July 1, 2024
(a)
Release
				of taxes paid.
Requirements for obtaining a release of taxes paid before
				the subsequent move of a manufactured home from initial situs within the tax
				year are as follows:
(1) Current registration
				and current decal or payment of ad valorem taxes due for the current year and
				prior years.
(2) Possession of a
				Manufactured Home Certificate 936 (OTC Form 936) showing receipt of taxes paid,
				signed by a county assessor and county treasurer may also be
				used.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-20 - Repossession of manufactured home where ad valorem taxes due

Current through Vol. 41, No. 20, July 1, 2024
(a)
Repossession of a manufactured home listed, valued and assessed as real
				estate.
(1) The repossessor of a
				manufactured home will have thirty (30) days from the date of the repossession
				affidavit to comply with the terms of this subsection. [
See:
68
				O.S. §
										2813
				]
(2) The requirements of a
				repossessor of a manufactured home listed, valued and assessed as real estate
				are as follows:
(A) The repossessor must be a
				holder of a perfected security interest on the manufactured home;
(B) The repossessor or his agent must be
				lawfully repossessing a manufactured home;
(C) The manufactured home must be valued and
				assessed as real estate on the assessment rolls.
(3) Procedures for issuance of an OTC Form
				936 as a
receipt
for taxes paid are as follows:
(A) The county assessor will determine the
				assessment of the manufactured home apart from the real property and the other
				improvements thereon;
(B) The
				county assessor will determine the amount of taxes due upon the manufactured
				home apart from the real property and the other improvements thereon;
(C) The county assessor will determine the
				valuation and assessment of the manufactured home for any prior years omitted
				and calculate the taxes due on the manufactured home for those prior
				years;
(D) The county assessor will
				complete the required Manufactured Home Certificate 936 (OTC Form 936) and
				forward to the county treasurer;
(E) The county treasurer will add any
				delinquent taxes due on the manufactured home as described in Section
				710:10-9-23;
(F) The county treasurer, upon the collection
				of all taxes due on the manufactured home, will sign the Manufactured Home
				Certificate 936 (OTC Form 936);
(G)
				The county assessor will assure that the applicant's signature (or written
				authorization to sign) is affixed to the Manufactured Home Certificate 936 (OTC
				Form 936);
(H) Only the completed
				Manufactured Home Certificate 936 (OTC Form 936) shall constitute the
receipt
for taxes paid.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-21 - Calculation of taxes due on repossessed or relocated manufactured home

Current through Vol. 41, No. 20, July 1, 2024
Manufactured homes valued and assessed as real
				  property; lawful repossession.
The amount of taxes due on a manufactured
				  home being repossessed by the holder of a perfected security interest, or his
				  agent, which is located upon real property that qualified for a homestead
				  January 1st, or is granted prior to repossession, will be calculated as
				  follows:
(1) The assessed valuation of
				the manufactured home will be determined separately and apart from the land and
				other improvements;
(2) The
				appropriate mill levy will be applied against the assessed valuation of the
				manufactured home to determine the taxes due;
(3) The amount of homestead value in excess
				of the land value or other improvements shall not be applied to the assessment
				of the manufactured home.
Amended at 12 Ok Reg
				  2603, eff 6-26-95; Amended at 15 Ok Reg 3451, eff 7-11-98; Amended at 19 Ok Reg
				  1205, eff 5-11-02
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-22 - Collection of taxes on repossessed manufactured homes

Current through Vol. 41, No. 20, July 1, 2024
(a)
County treasurer's authority to
				collect taxes on repossessed manufactured homes.
The Ad Valorem Tax Code
				allows the county treasurer to collect taxes due on a repossessed manufactured
				home separate from the land and improvement for the following years:
(1) The current assessment year;
				and
(2) The previous tax
				years.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-23 - Manufactured homes as personal property; delinquent taxes; deeds in lieu of foreclosure; liens

Current through Vol. 41, No. 20, July 1, 2024
(a)
Taxes
				due.
The county treasurer is authorized to collect all taxes due on the
				manufactured home before signing a Manufactured Home Certificate 936 (OTC Form
				936). Taxes due will include:
(1) The current
				year's taxes due on a manufactured home;
(2) The previous year's taxes due from being
				omitted from the assessment and tax rolls;
(3) Taxes on the manufactured home that are
				due and owing from previous years.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-24 - Personal property tax lien against a manufactured home

Current through Vol. 41, No. 20, July 1, 2024
(a)
Payment of taxes on manufactured
				home.
The Ad Valorem Tax Code allows the holder of a perfected security
				interest to pay the delinquent taxes of the repossessed manufactured home
				separate and apart from the land and other improvements. (
See:
68
				O.S. §
									2913
				)
(b)
Household personal
				property liens.
Manufactured homes will become subject to personal
				property liens, including household property liens, once the personal property
				is entered upon the personal property lien docket by the treasurer.
(c)
Policy statement; appraisal of
				manufactured homes.
The county assessor should include all built-in
				appliances and permanent fixtures with the valuation and assessment of the
				manufactured home, and not with the household personal property valuation and
				assessment.
Amended at 12 Ok Reg
				  2603, eff 6-26-95
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-25 - Tax warrant; unauthorized moving of manufactured home to another county

Current through Vol. 41, No. 20, July 1, 2024
The following procedure shall apply in the event of
				  unauthorized moving of a manufactured home.
(1) The county assessor will upon request
				notify the county treasurer of the following information available upon
				locating the real and personal property of the owner of a manufactured home
				that is entered upon the personal tax lien docket;
(A) The legal description of any real
				property located in the county;
(B)
				The location of any personal property located in the county;
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-26 - Unclaimed warrants on tax refunds

Current through Vol. 41, No. 20, July 1, 2024
(a)
				The funds held by the county treasurer as a refund of taxes on a manufactured
				home will be governed by the Uniform Unclaimed Property Act. [
See:
60 O.S. §
									651 et
				seq.]
(b) A tax refund unclaimed
				for three (3) years comes within the Unclaimed Property Act which states the
				following:
Intangible property held for the owner by a court, state or
				other government, governmental subdivision or agency, public corporation, or
				public authority which remains unclaimed by the owner for more than one (1)
				year after becoming payable or distributable is presumed abandoned
.
				[60 O.S. §
									657
				]
Amended at 12 Ok Reg
				  2603, eff 6-26-95
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-27 - Procedures for overages and underages on tax roll

Current through Vol. 41, No. 20, July 1, 2024
(a) The county treasurer shall note in the
				margin of the column of the tax roll the following:
(1) The amount of the difference between the
				tax amount calculated on the tax rolls and the amount actually
				collected;
(2) The receipt number
				of the tax receipt which resulted in the difference; and
(3) The difference is the result of a
				Manufactured Home Certificate 936 (OTC Form 936) being issued.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 9 - Manufactured Homes › Section 710:10-9-28 - Implementation and compliance [REVOKED]

Current through Vol. 41, No. 20, July 1, 2024
Amended at 12 Ok Reg
				  2603, eff 6-26-95; Amended at 15 Ok Reg 3451, eff
				  7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 1 - GENERAL PROVISIONS › Section 710:10-10-1 - Purpose

Current through Vol. 41, No. 20, July 1, 2024
(a) Pursuant to 68
				  O.S. §
										2820(C),
				  each county assessor shall develop a detailed visual inspection plan and
				  conduct a continuing comprehensive program within their respective counties,
				  and shall leave in place an on-going system which will effectively maintain
				  property valuations in future years.
(b) Each county assessor shall submit a
				  visual inspection plan, which conforms to the requirements described in 68 O.S.
				  §
										2820(C)
				  and the provisions of this Subchapter, to the Ad Valorem Division of the
				  Oklahoma Tax Commission by the first working day in October preceding the
				  January 1 beginning of a new four-year cycle. The county shall keep a copy of
				  the approved visual inspection plan and any amendment(s) on file for the
				  current four year-cycle and shall retain the plan for five years after the last
				  year of this cycle.
(c) Following
				  Tax Commission approval of the county visual inspection plan, the county
				  assessor shall timely submit a copy of the approved visual inspection plan to
				  each school superintendent within the county.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 1 - GENERAL PROVISIONS › Section 710:10-10-2 - Definitions [RESERVED]

Current through Vol. 41, No. 20, July 1, 2024
Reserved at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 1 - GENERAL PROVISIONS › Section 710:10-10-3 - Elements required of the visual inspection plan

Current through Vol. 41, No. 20, July 1, 2024
(a) Prior to the beginning of the first
				  four-year visual inspection cycle and each subsequent visual inspection cycle,
				  the county assessor shall develop a detailed visual inspection plan, to be
				  submitted to the Oklahoma Tax Commission, which shall contain the comprehensive
				  elements set out in (1) through (10) of this Section.
(1) The county assessor shall develop a plan
				  that specifies the number of real property parcels to be inspected in each year
				  of the cycle.
(2) The county
				  assessor shall further detail the number of real property parcels to be
				  inspected in each year of the cycle by use category.
(3) The county assessor shall designate in
				  this plan the number of real property parcels to be inspected and covered in
				  each year of the cycle by geographic area.
(4) The county assessor shall develop a
				  visual inspection plan that describes the resources and proposed budget to
				  complete the four year visual inspection.
(5) The county assessor shall propose a
				  detailed plan to complete the valuation methodology to be used in determining
				  the fair cash value of the property and improvements thereon.
(6) The plan shall be adequate to ensure the
				  visual inspection of all parcels of property within the county at least once
				  each four-year cycle.
(7) The plan
				  shall also be adequate to ensure that the information collected from the visual
				  inspection of real property each year is sufficient to establish a
				  representative sample from each use category in order to conduct the proper
				  valuation of all taxable property within each use category.
(8) The plan shall also be adequate to ensure
				  that the information collected from the visual inspection of real property each
				  year is sufficient in order to conduct the proper valuation of all taxable
				  property by means of an accepted standard(s) established by the Oklahoma Tax
				  Commission for mass appraisal practice.
(9) The county assessor shall allow the
				  Oklahoma Tax Commission to review copies of all contracts using monies from the
				  visual inspection fund.
(10) The
				  county assessor shall attest that all funds in the visual inspection program
				  are being used exclusively to carry out the visual inspection program as
				  authorized by 68 O.S. §
											2820
				  et. seq.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 3 - PLANNING AND ORGANIZATION › Section 710:10-10-10 - Administrative

Current through Vol. 41, No. 20, July 1, 2024
(a) Submission of a
				  list of detailed administrative objectives shall be required as an essential
				  component of the visual inspection plan.
(b) Each county assessor in the state shall
				  annually prepare an assessment roll, which shall be generated by the counties
				  in a format prescribed by the Oklahoma Tax Commission pursuant to title 68 O.S.
				  §
										2842.
(c) The Oklahoma Tax Commission shall provide
				  a standard visual inspection template which may be utilized by all
				  counties.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 15 Ok Reg 3451, eff
					 7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 3 - PLANNING AND ORGANIZATION › Section 710:10-10-11 - Work allocation

Current through Vol. 41, No. 20, July 1, 2024
The county shall list in the visual inspection plan all
					 in-house and contracted work allocations.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 3 - PLANNING AND ORGANIZATION › Section 710:10-10-12 - Mapping

Current through Vol. 41, No. 20, July 1, 2024
(a) The Mapping
				  Program shall include a comprehensive, continuous cadastral mapping schedule
				  that shall be based upon use of State standards (68 O.S. §
										2821
				  ) summarized as follows:
(1) On-going
				  collection, maintenance and inventory for the mapping program.
(2) Use of the most recent aerial photographs
				  furnished by the State of Oklahoma or obtained from other sources, provided
				  that they comply with established mapping standards.
(3) Data concerning soil type and soil
				  use.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 3 - PLANNING AND ORGANIZATION › Section 710:10-10-13 - Public relations [REVOKED]

Current through Vol. 41, No. 20, July 1, 2024
Added at 14 Ok Reg
					 2670, eff 6-26-97; Revoked at 15 Ok Reg 3451, eff
					 7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 3 - PLANNING AND ORGANIZATION › Section 710:10-10-14 - Organization chart

Current through Vol. 41, No. 20, July 1, 2024
An organizational chart for the entire office, by position,
					 shall be listed in the visual inspection plan. In addition, a copy is to be
					 retained by the assessor for office use and reference.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 15 Ok Reg 3451, eff
					 7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 3 - PLANNING AND ORGANIZATION › Section 710:10-10-15 - Provisional support

Current through Vol. 41, No. 20, July 1, 2024
(a) The Oklahoma
				  Tax Commission, along with other State and County Government offices, shall
				  provide administrative support to the office of the county assessor during the
				  visual inspection program. These services may include:
(1) Fiscal services may be made available by
				  the State Auditor and Inspector, County Treasurer, County Clerk, and County
				  Budget Maker.
(2) Procurement of
				  supplies and equipment may be handled by the County Purchasing Agent.
(3) Legal counsel may be available from the
				  District Attorney.
(4) Property
				  transfer data and records may be obtained from the County Clerk.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-20 - Production rate

Current through Vol. 41, No. 20, July 1, 2024
The Oklahoma Tax Commission shall provide a standard chart
					 range in the visual inspection template for this production rate. These
					 estimates assume field personnel shall be measuring and verifying information
					 on each existing property record card. Each house and all improvements shall be
					 verified each cycle; no "drive-by" inspections are contemplated. For field data
					 collection on new construction, parcel production levels shall be lowered by
					 50% or more. A daily production rate record is recommended for each data
					 collector.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 15 Ok Reg 3451, eff
					 7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-21 - Valuation methodology

Current through Vol. 41, No. 20, July 1, 2024
(a) The
				  information set out in this Section, related to valuation methodology and the
				  valuation process, shall be listed in the visual inspection plan.
(b) The first phase of the valuation
				  methodology shall be data analysis components. With the gathering of all
				  physical data and an analysis of all market/economic data, an appraised value
				  shall be calculated by computer-assisted mass appraisal system (C.A.M.A.) for
				  each property. All three approaches shall be considered, depending upon the
				  applicability of these approaches to specific properties or classes of
				  property, including the sales comparison approach, cost approach, and the
				  income approach. After choosing the best approach, the final valuation shall be
				  carefully reviewed and field checked for accuracy. A check shall be made for
				  any changes which have occurred to properties since the time of the original or
				  last field inspection. In most cases, the sales approach shall receive the most
				  attention.
(c) All taxable personal
				  property, except intangible personal property, personal property exempt from ad
				  valorem taxation, or household personal property, shall be listed and assessed
				  each year at its fair cash value, estimated at the price it would bring at a
				  fair voluntary sale, as of the first day of January. If any real property shall
				  become taxable after January 1 of any year, the county assessor shall assess
				  the same and place it on the tax rolls for the ensuing year, as required by 68
				  O.S.1991, §2817(A).
(d) Upon
				  completion of the valuation process, the county shall be responsible for a
				  careful review of the estimates for each appraised parcel. This review and
				  inspection shall be conducted by members of the appraisal staff to identify any
				  errors which may have occurred and to ensure the accuracy and quality of the
				  data collected. The county shall consider the indicated value of the structure
				  and indicated value of the land against sales information concerning comparable
				  parcels. The reviewer shall ensure that each property has been valued in
				  relation to other properties and in accordance with state statutes and shall be
				  assessed for ad valorem taxation based upon the highest and best use for which
				  such property was actually used. This shall be completed without delay before
				  the change of value notification deadline.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-22 - Valuation of land

Current through Vol. 41, No. 20, July 1, 2024
(a) The information
				  set out in this Section, related to fair cash valuation of land, shall be
				  specified in the visual inspection plan.
(b) A separate estimate or appraisal of the
				  "fair market value in money" shall be made for each parcel of non-agricultural
				  land as if vacant. The sales data covering fair market sales of vacant
				  non-agricultural land in all property classifications shall be secured from all
				  available sources and shall be compiled, checked, and analyzed for use in the
				  determination of non-agricultural land values and their unit of comparison
				  throughout the county.
(c) The
				  county shall carefully consider all factors affecting the value of land, such
				  as zoning, .location, shape, size, topography, access to railroads, roads,
				  waterways, present use, etc., and appropriate allowances made in establishing
				  final values.
(d) Land value
				  computations shall be made in accordance with the three categories described in
				  (1) through (3) of this subsection:
(1)
				  Computations for residential property shall refer to front foot, square foot,
				  per acre, or per lot values.
(2)
				  Computations for commercial property shall refer to front foot, square foot,
				  per lot, or per acre values.
(3)
				  Computations for industrial property shall refer to square foot or per acre
				  values.
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-23 - Improved property

Current through Vol. 41, No. 20, July 1, 2024
Material related to cost estimates, depreciation, and local
					 market adjustment factors shall be included in the visual inspection plan. The
					 county shall make a careful analysis of the replacement cost of newly
					 constructed buildings and analyze local sales data in order to arrive at
					 appropriate cost estimates, depreciation percentages and the two local market
					 adjustment factors required to calibrate the cost system. The county shall
					 study and analyze the useful life expectancies and observed condition of
					 recently sold buildings in the preparation of value. The market sales data
					 shall receive the most attention in most cases.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-24 - Exterior inspection

Current through Vol. 41, No. 20, July 1, 2024
These details set out in this Section, pertaining to visual
					 inspection and data collection shall be listed in the visual inspection
					 plan:
(1) The county shall inspect the
				  exterior of each improved structure. As to any residential property, interior
				  data that is necessary for accurate appraisal information shall be obtained
				  through personal interviews when possible. Construction features,
				  characteristics, appendages, accessory buildings or irregularities for each
				  property shall be recorded on the data collection card. Grade classification
				  shall be expressly considered and state appraisal manual guidelines shall be
				  followed as appropriate for each building appraisal. Periodic inspections of
				  work of all appraisal personnel shall be made by the project supervisor in the
				  grading (or classifying) of dwellings to ensure correct, uniform, and
				  consistent grade classification use.
(2) A perimeter sketch of each residential
				  building shall be drawn (if not already done) in the graph space provided on
				  the data collection card together with all dimensions and identification
				  symbols. Appendages such as attached garages, porches, and similar structures
				  shall be carefully shown with all dimensions, and labeled. All other requested
				  information on the approved data collection sheet or C.A.M.A. field card shall
				  be furnished.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-25 - Multi-family income producing property

Current through Vol. 41, No. 20, July 1, 2024
Information related to income-producing, multifamily
					 residential properties shall be listed in the visual inspection plan. All
					 income-producing, multifamily residential properties shall be inspected and
					 appraised from schedules and guidelines as set out in state rules and
					 regulations. All building features, components, and characteristics shall be
					 identified, measured, listed and recorded. The year of construction of the
					 building shall be obtained and listed. Other improvements such as paved drives,
					 fencing, pools, patios, and similar structures shall be identified, measured
					 and listed. Occupancy units of each building shall be determined at the time of
					 inspection and recorded along with any other pertinent information that could
					 affect value or be used as the basis for units of comparison. Rental data or
					 other information affecting the data collection card shall be requested from
					 either owners or tenants. All three approaches to value shall be used where
					 applicable with the sales comparison approach having the most weight. The
					 appraised value of all properties shall be critique during final review by
					 supervisory personnel and adjustments or corrections made where
					 applicable.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-26 - Commercial/Industrial property

Current through Vol. 41, No. 20, July 1, 2024
As part of the visual inspection plan, all
					 commercial/industrial properties shall be inspected and appraised from
					 schedules and guidelines as set out in the most current
STATE OF OKLAHOMA
					 COMMERCIAL APPRAISAL MANUAL,
and all building features, components, or
					 characteristics, as outlined therein, shall be identified, measured and listed.
					 The year of the building construction shall be obtained and listed. Other
					 improvements, such as paved drives, fencing, mechanical features and equipment,
					 and similar structures, shall be identified, measured and listed. Occupancy of
					 each building shall be determined at the time of inspection and recorded along
					 with other pertinent information that could affect value. Appraisal procedures
					 of listing, measuring, and year built shall be followed as detailed in the
					 commercial/industrial property manual. Lease or rental information shall be
					 requested from either owners or tenants, when applicable. The income approach,
					 the cost approach, and the sales comparison approach shall be considered in
					 arriving at the final property value, when sufficient data is available. The
					 appraisal of all commercial property shall be supported by detailed
					 computations.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-27 - Agricultural property

Current through Vol. 41, No. 20, July 1, 2024
(a) All
				  agricultural properties shall be inspected and appraised from schedules and
				  guidelines as set out in 68 O.S. §
										2817(C)
				  and shall be listed in the visual inspection plan. A sketch of the dwelling and
				  the outbuildings shall be drawn, showing all structures and buildings in proper
				  size and location including dimensions and suitable symbols used to identify
				  each building. All farm and urban dwellings with other improvements shall be
				  described and valued in the same manner. The object being to establish a fair,
				  equitable, and realistic value by comparison with other like properties, and to
				  maintain the same level of market values placed on all other classes of
				  property within the county.
(b) The
				  use value of agricultural land shall be based on the income capitalization
				  approach using cash rent. The rental income shall be calculated using the
				  direct capitalization method based upon factors including; soil type, soil
				  productivity and use categories, using the same methodology that Center for
				  Local government Technology (CLGT) prescribes.
(c) Agricultural land shall be valued
				  according to the specifications set forth by 68 O.S. §
										2817(C).
				  The agricultural "per point system" mandated for use by the State shall be
				  adjusted annually as determined necessary and applied to all agricultural
				  parcels within the county. Each soil type shall be identified for every
				  agricultural parcel using the latest published soil survey of the county from
				  the U.S. Natural Resources Conservation Service (NRCS). The acreage of each
				  soil type shall be calculated and its usage determined both by physical
				  inspection and by using the most recent aerial photographs available. A
				  detailed report indicating each soil type, its usage, number of acres of each
				  soil type, value per acre of each soil type and total calculated value of each
				  soil type and total value of the land shall be provided on each defined
				  agricultural parcel within the county.
(d) A methodology was adopted by the State
				  Board of Equalization that gives 75 percent weight to the rental value of
				  agricultural land and 25 percent weight to the sales value of land.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-28 - Notification of valuation changes; hearings

Current through Vol. 41, No. 20, July 1, 2024
(a) Information and
				  procedures related to valuation changes shall be included in the visual
				  inspection plan. Notices shall then be mailed to all property owners having an
				  increase in valuation. The notice shall include the fair cash value, taxable
				  value, assessed value and the assessment percentage for the current and
				  previous year. [See: 68 O.S. § 2876]
(b) The taxpayer shall have thirty (30)
				  calendar days from the date the notice was mailed to file a written complaint
				  with the county assessor. A taxpayer may even file a complaint if the valuation
				  of property has not increased or has decreased from the previous year if the
				  complaint is filed on or before the first Monday in May, as required by 68 O.S.
				  §2876(E). In addition to filing a written protest or complaint, the
				  taxpayer must also file the applicable form for the listing and assessment of
				  real and personal property provided for in 68 O.S. § 2835. In the event
				  the taxpayer fails to file the required form, a presumption shall exist in
				  favor of the correctness of the county assessor's valuation in any appeal to
				  the county assessor's valuation. At the time of filing a protest pursuant to
				  this Section, the county assessor shall provide the taxpayer a standard
				  schedule prepared by the OTC which includes all deadlines and the consequences
				  of failing to meet each deadline.
(c) Staff members in each county shall
				  conduct informal hearings to resolve any errors in appraisal or assessment.
				  Informal decisions by the assessor may be appealed to the County Board of
				  Equalization within ten (10) working days of the date the decision is
				  mailed.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 15 Ok Reg 3451, eff
					 7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 5 - DIRECTION AND GUIDANCE › Section 710:10-10-29 - Safety procedures [REVOKED]

Current through Vol. 41, No. 20, July 1, 2024
Added at 14 Ok Reg
					 2670, eff 6-26-97; Revoked at 15 Ok Reg 3451, eff
					 7-11-98
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 7 - CONTROLS AND EVALUATION › Section 710:10-10-40 - Property inspection

Current through Vol. 41, No. 20, July 1, 2024
Information related to effective dates shall be registered
					 in the visual inspection plan. The visual inspection shall begin on January 1
					 and end on December 31, using a calendar year, in the proper four-year cycle
					 coverage. This visual inspection plan shall detail the number of property
					 parcels to be inspected in each year of the four-year cycle by use category,
					 geographic area. The visual inspection plan shall be adequate to ensure the
					 visual inspection of all parcels of property within the county at least once
					 every four years and may include provisions for follow-up visits. The county
					 shall use only a state approved property record cards.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 19 Ok Reg 1205, eff
					 5-11-02
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 7 - CONTROLS AND EVALUATION › Section 710:10-10-41 - Color-coded maps required

Current through Vol. 41, No. 20, July 1, 2024
(a) A
				  color-coded map is required with assigned colors legend to show each area of
				  visual inspection. The first year of the visual inspection map shall be colored
				  blue, second year green, third year red, and the fourth year shall be colored
				  yellow. One map shall be retained in the assessor's office and one sent to the
				  Ad Valorem Division with the completed visual inspection plan.
(b) One copy of the visual inspection map is
				  to be retained in the assessor's office for administrative use, and shall be
				  updated with respect to the colored codes as calendar year in which the
				  property is inspected proceeds.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 7 - CONTROLS AND EVALUATION › Section 710:10-10-42 - Coverage

Current through Vol. 41, No. 20, July 1, 2024
(a) The visual
				  inspection plan shall estimate the total number count of property parcels to be
				  inspected by use category and geographic area, including exempt parcels and the
				  number to be inspected each year. The plan shall include ranges, townships, and
				  school districts. If the actual number of parcels inspected is close (generally
				  2% to 5% of the estimated parcels to be inspected in the county's visual
				  inspection plan for that year), the county is not required to file an amended
				  visual inspection plan for the following year.
(b) If a newly elected or appointed assessor
				  discovers the need to modify the approved visual inspection plan, a time period
				  of 90 days will be allowed from the date they take office, in which an amended
				  plan may be filed with the Oklahoma Tax Commission Ad Valorem
				  Division.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 19 Ok Reg 1205, eff
					 5-11-02
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 7 - CONTROLS AND EVALUATION › Section 710:10-10-43 - Sample of use categories

Current through Vol. 41, No. 20, July 1, 2024
The visual inspection plan shall be adequate to ensure that
					 the information collected from the visual inspection of property each year is
					 sufficient to establish a representative sample from each property use
					 category. To ensure the proper valuation practice of all taxable properties
					 within each use category, an accepted standard for mass appraisal shall be
					 used.
Added at 14 Ok Reg
					 2670, eff 6-26-97; Amended at 19 Ok Reg 1205, eff
					 5-11-02
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 7 - CONTROLS AND EVALUATION › Section 710:10-10-44 - Computer-assisted mass appraisal

Current through Vol. 41, No. 20, July 1, 2024
(a)
				  Data related to computer-assisted mass appraisal shall be listed and described
				  in the visual inspection plan. The counties shall use computer-assisted mass
				  appraisal (C.A.M.A.) to value all properties and the depreciation. The C.A.M.A.
				  system provides the county with C.A.M.A. support and provides cost, market, and
				  income valuation support. The C.A.M.A. system is capable of valuing
				  residential, commercial, industrial, agricultural and special purpose real
				  estate. The visual inspection plan shall have quality assurance, performance
				  analysis and data accuracy control for the data entry.
(b) The records control section shall check
				  all property record cards for missing data and similar errors. All incomplete
				  or incorrect record cards shall be returned to the field division for
				  correction. Random reinspection of all properties shall be conducted by
				  personnel to check on the accuracy of the data collection.
(c) The operation of the data system shall be
				  the responsibility of the in-house personnel who shall not only receive, store,
				  and dispense the data, but shall also review it for accuracy and be responsible
				  for monitoring all data used in the program. A back-up of C.A.M.A. shall be
				  done daily.
(d) The counties shall
				  have the capability of valuing all taxable property annually.
(e) There shall be no modifications in the
				  state provided CAMA systems without approval from the Ad Valorem
				  Division.
Added at 14 Ok Reg
					 2670, eff 6-26-97
Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 10 - AD Valorem › Subchapter 10 - Visual Inspection Plan › Part 7 - CONTROLS AND EVALUATION › Section 710:10-10-45 - Sales questionnaire

Current through Vol. 41, No. 20, July 1, 2024
(a) The county
				  shall develop a comprehensive sales data collection program using the latest
				  approved sales questionnaire. Any correspondence which accompanies the sales
				  questionnaire shall define the purpose and intent of the questionnaire in a
				  manner which fully and completely promotes its effectiveness. This
				  questionnaire and other data may be mailed to at least one or more data
				  sources, including those set out in (1) through (8) of this subsection:
(1) Buyers of real estate.
(2) Sellers of real estate.
(3) Real estate brokers or agents.
(4) Mortgage companies or other lending
				  institutions.
(5)
				  Builders.
(6) Real estate
				  appraisers.
(7) Attorneys and other
				  third parties who have knowledge of the transaction.
(8) Real estate sales listings.