Section 7-36-18 - Collection and publication of property valuation data. - New-mexico Statutes

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Statutes > New-mexico > Chapter-7 > Article-36 > Section-7-36-18

7-36-18. Collection and publication of property valuation data.

To promote uniformity and measure overall compliance by each county with the Property Tax Code [Articles 35 to 38 of Chapter 7 NMSA 1978] and department valuation regulations, orders, rulings, instructions, schedules and other directives, the department shall prepare and publish annually comprehensive sales-ratio studies comparing the values of property determined for property taxation purposes by each county assessor with the values of the same property as established by sales prices.

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-36 > Section-7-36-18

7-36-18. Collection and publication of property valuation data.

To promote uniformity and measure overall compliance by each county with the Property Tax Code [Articles 35 to 38 of Chapter 7 NMSA 1978] and department valuation regulations, orders, rulings, instructions, schedules and other directives, the department shall prepare and publish annually comprehensive sales-ratio studies comparing the values of property determined for property taxation purposes by each county assessor with the values of the same property as established by sales prices.

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State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-36 > Section-7-36-18

7-36-18. Collection and publication of property valuation data.

To promote uniformity and measure overall compliance by each county with the Property Tax Code [Articles 35 to 38 of Chapter 7 NMSA 1978] and department valuation regulations, orders, rulings, instructions, schedules and other directives, the department shall prepare and publish annually comprehensive sales-ratio studies comparing the values of property determined for property taxation purposes by each county assessor with the values of the same property as established by sales prices.