Assertion: property | /r/HasProperty | assessed at market value
Facets:
value: each year
type: TEMPORAL
value: each year thereafter
type: TEMPORAL
Source sentences:
text: For three years, the property is assessed at market value, which may increase or decrease by any amount.
text: (Because properties are assessed to market value when they change ownership, properties that have not changed ownership in many years tend to have larger gaps between their assessed values and market values.)
text: Each year thereafter, the property is assessed at market value until it rises above what its assessed value would have been had
text: Because these properties are assessed each year at market value, they link the property tax base more closely to the local real estate market than other properties, thereby reducing the property tax’s stability somewhat.