Washington Administrative Code › Title 458 - Revenue, Department of › Chapter 458-14 - County boards of equalization › Section 458-14-005 - Definitions

Current through Register Vol. 24-14, July 15, 2024
This rule includes the definitions of terms used throughout
				chapter 458-14 WAC regarding county boards of equalization. For the purposes of
				chapter 458-14 WAC, the following definitions apply unless the context requires
				otherwise:
(1) "Alternate member"
			 means a board member appointed by the county legislative authority to serve in
			 the temporary absence of a regular board member.
(2) "Arm's length transaction" means a
			 transaction between parties under no duress, not motivated by special purposes,
			 and unaffected by personal or economic relationships between themselves, both
			 seeking to maximize their positions from the transaction.
(3) "Assessed value" means the value of real
			 or personal property determined by an assessor.
(4) "Assessment roll" means the record which
			 contains the assessed values of real and personal property in the
			 county.
(5) "Assessment year" means
			 the calendar year when real and personal property is listed and valued by the
			 assessor and precedes the calendar year when the tax is due and
			 payable.
(6) "Assessor" means a
			 county assessor or any person authorized to act on behalf of the
			 assessor.
(7) "Board" means a
			 county board of equalization.
(8)
			 "County financial authority" means the county treasurer or any other person in
			 a county responsible for billing and collecting property taxes.
(9) "County legislative authority" means the
			 board of county commissioners or the county legislative body as established
			 under a home rule charter.
(10)
			 "Department" means the department of revenue.
(11) "Documentary evidence" means comparable
			 sales data, cost data, income data, or any other item of evidence, including
			 maps or photographs, which makes the existence of relevant facts more or less
			 probable.
(12) "Equalize" means
			 ensuring that comparable properties are comparably valued and refers to the
			 process by which the county board of equalization reviews the valuation of real
			 and personal property on the assessment roll as certified by the assessor, so
			 that each tract or lot of real property and each article or class of personal
			 property is entered on the assessment roll at one hundred percent of its true
			 and fair value.
(13) "Interim
			 member" means a board member appointed by the county legislative authority to
			 fill a vacancy of a regular board member. The interim member serves for the
			 balance of the regular board member's term.
(14) "Manifest error" means an error in
			 listing or assessment, which does not involve a revaluation of property,
			 including the following:
(a) An error in the
			 legal description;
(b) A clerical
			 or posting error;
(c) Double
			 assessments;
(d) Misapplication of
			 statistical data;
(e) Incorrect
			 characteristic data;
(f) Incorrect
			 placement of improvements;
(g)
			 Erroneous measurements;
(h) The
			 assessment of property exempted by law from taxation;
(i) The failure to deduct the exemption
			 allowed by law to the head of a family; or
(j) Any other error which can be corrected by
			 reference to the records and valuation methods applied to similarly situated
			 properties, without exercising appraisal judgment.