Property Tax Terms Glossary

Discover tax-saving strategies, expert tips, and resources for controlling property taxes.

10% Homestead Cap
Ad Valorem Tax
Agent Authorization Form
Agricultural Exemption
Appraisal District
Appraisal Notice
Appraisal Review Board
Appraisal Roll
Appraised Value
Arm's Length Transaction
Assessed Value
Assessment Appeal Application
Assessment Date
Base Year Value
Binding Arbitration
California Prop 8
Capped Value
Change in Ownership
Chapter 123
Commercial Property
Common Level Range
Comparable Sales
Condition Rating
Cost Approach
County Board of Taxation
County Taxes
Decline in Value
Delinquent Taxes
Depreciation
Disabled Veteran Exemption
District Court Appeal
Effective Age
Effective Tax Rate
Equal and Uniform
Escrow
Exemption
Fair Market Value
Filing Deadline
Formal Hearing
Homestead Exemption
Income Approach
Informal Hearing
Just Value
Market Value
Mass Appraisal
Millage Rate
Motion for Rehearing
Neighborhood Factor
New Construction
Notice of Appraised Value
Over-65 Exemption
Parcel Number
Penalty Assessment
Phase-In Value
Prior Year Value
Prop 13
Property Classification
Property Inspection
Property Record Card
Property Tax
Property Tax Appeal
Property Tax Assessment Appeal Board (PTAAB)
Property Tax Cap
Property Tax Consultant
Property Tax Protest
Proposition 19
Proration
Protest Deadline
Quality Grade
Reassessment
Rendition
Residence Homestead
Rollback Taxes
Sales Comparison Approach
Save Our Homes
School District Taxes
Settlement Offer
Square Footage
Supervisor of Assessments
Supplemental Tax Bill
Surviving Spouse Exemption
Taxable Value
Tax Assessor
Tax Ceiling
Tax Collector
Tax Deferral
Tax Lien
Tax Rate
Tax Sale
Tax Statement
Tax Year
TRIM Notice
Unequal Appraisal
Value Adjustment Board
Value Reduction