Chapter 4

Question 1

What is the Appraisal Review Board?

Answer 1

a decision-making body that issues determinations of statutory authorized protest and challenges brought by the property owners and taxing units.

Question 2

If a property owner is dissatisfied with the arb decision on their 2 million dollar home, where can they appeal if they do not wish to file suit in district court?

Answer 2

Binding arbitration
state office of administrative office

Question 3

describe the process on use of panels for ARB hearings?

Answer 3

arb may sit in panels of 3 or more to hear protest
may hear evidence and make recommendations
recommendations must be approved by the full ARB before taking affect

Question 4

State the deadline for taxing unit challenges and list the subjects that may be challanged

Answer 4

the ARB is not required to hear a taxing unit challenge unless it is filed prior to june 1 or 15 days after the submission of the appraisal records to the ARB
A taxing unit is not aloud to challenge the value of a specific property, but it may challenge the granting of an exemption

Question 5

What starts the time period of filing a suit?

Answer 5

-the time period for filling suit runs from the date thee party receives the ARB order
-the party has 60 days to file

Question 6

Ms. Smith has filed a lawsuit appealing her value. The Value is $120,000 and she contends the correct value $60,000. What is the minimum value on which she must pay taxes and when must she pay?

Answer 6

must pay taxes on the amount not in dispute, which is $60,000. she must pay prior to the date the tax would become delinquent.