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Real Property Section
The Real Property Section of the Assessment
Division is
charged with the responsibility of appraising all taxable and non-taxable real
estate at 100% of its fair market value. Market Value is defined as "the
amount, in dollars, a property would sell for on the open market with no undue
influences on either the buyer or the seller".
This work must be done annually during the assessment year October 1 through
September 30 and completed for the finalization of the Grand List on January
31st.
A Revaluation of all property must be done
every five years as per Connecticut State Statutes
§12-62. "Commencing October
1, 1997, the assessor of each town shall revalue all of the real estate in their
respective municipalities for assessment purposes in accordance with the
provisions of subsection (b) of this section. The assessments derived from each
revaluation shall be used for the purpose of levying property taxes in the
municipality in the assessment year in which the revaluation becomes effective
and in each assessment year thereafter until the next revaluation". An ongoing
process of physical inspections of each property is an important phase of the
revaluation. Therefore, assessment field personnel are constantly visiting
property to check the data.
The City implemented a
revaluation for the October 1, 2006 Grand List. The City has also elected to
Phase-In the new values over the next five (5) years.
For
2006 Revaluation and Phase-In information
click here.
For information regarding the
upcoming 2011 revaluation
click
here
For assessors to be able to complete their duties requires training and
education. To that extent the Secretary of the Office of Policy and Management
has developed programs and procedures and oversees the certification of
assessment personnel. Only a Certified Connecticut Municipal Assessor (C.C.M.A.)
may formally sign the annual Grand List.
§12-40a. Hartford currently has three
individuals with the C.C.M.A designation.
Complete list of all CCMA designees
in the State of Connecticut.
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