How to calculate the 1/3 over-assessed qualification in a 25.25(d) Hearing.
How to calculate the 1/3 over-assessed qualification in a 25.25(d) Hearing. How to calculate the 1/3 over-assessed qualification in a 25.25(d) Hearing. There are two methodologies that allow you to judge whether a value meets the 1/3 over-assessed rule: 1) Using the Current Assessed Value: Calculation: **Current Assessed Value X 75% = Threshold for Corrected…