42-13005. Sales-ratio studies
A. The department shall perform and issue the results of sales-ratio studies using
sales or appraisal data according to statistical principles that apply to the studies.
B. If the studies disclose discrepancies with county assessors' full cash values,
the department may request the assessor or assessors to conduct field appraisals in the
county, area, class or classification of discrepancy, using the standard appraisal
methods and techniques adopted by the department. Adjustments to property valuations may
be based on the results of the assessors' field appraisals.
C. The department shall not issue equalization orders under article 6 of this
chapter affecting commercial or industrial property based exclusively on the results of
sales-ratio studies.
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