What about business, commercial, industrial or public properties?
Reassessment works much the same way as for residential properties. Trained commercial and industrial data collectors gather information such as physical characteristics, replacement costs, land values and circumstances regarding any recent property purchases. Income and expenses information may be requested because it is related to what investors are willing to pay for property.

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1. What is reassessment?
2. Why do we have cyclical reassessment?
3. Can I determine if my taxes will increase with reassessment?
4. How is cyclical reassessment conducted?
5. How can I make sure my assessment is correct?
6. What about business, commercial, industrial or public properties?