fully solved & verified for
accuracy(latest updated
version)
Standard 6 - answer STANDARD 6 applies to all mass
appraisals of real or personal property regardless of the
purpose of such appraisals.
The basic requirements for developing and reporting a
mass appraisal are presented in STANDARD 6.
Definition of Mass Appraisal - answer the process of
valuing a universe of properties as of a given date using
standard methodology, employing common data, and
allowing for statistical testing.
Does jurisdictional Exception apply to mass appraisal? -
answer The JURISDICTIONAL EXCEPTION RULE may apply
to several sections of STANDARD 6 because ad valorem
tax administration is subject to various laws (includes
state, county, and municipal).
How many standard rules are there in standard 6? -
answer There are nine Standards Rules in STANDARD 6.
Standards Rules 6-1 through 6-7 apply to the development
of the mass appraisal.