Md. Code Regs. 14.18.01.07

Current through Register Vol. 51, No. 24, December 2, 2024

Section 14.18.01.07 - Certificate of Valuation

A. In providing the statement of the reasons for the valuation as required by Real Property Article, § 13-313(b)(3), the assessors shall be as specific as possible. Mere statements as "based on sales in the area" are inadequate. Examples of recent sales valuations of similar property should be included in the reasons for the valuation.

B. In the case of an application by a governmental body for a certificate of reservation, the Supervisor of Assessments is not required to assess the value of the land.