MASS-APPRAISAL METHOD

glossary / MASS-APPRAISAL METHOD

MASS-APPRAISAL METHOD

mass-appraisal method. A technique for valuing large areas of land by studying market data to determine the price that similar property would sell for, without engaging in a parcel-by-parcel analysis. [Cases: Taxation 348. C.J.S. Taxation ¡ì¡ì 510¨C511, 515¨C516, 519, 523.]
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