Section 10. In determining the equalized valuations required by section nine, the commissioner shall make and issue such comprehensive assessment ratio studies of the average level of assessment, the degrees of assessment, uniformity, and over-all compliance with assessment and classification requirements for each major class of property in each city and town of the commonwealth as he shall deem appropriate to indicate the degree of compliance with the law and rules and regulations for the assessment and classification of property in each city and town.
For the purposes of this section, the commissioner shall collect and tabulate information relative to all sales of real estate and shall also cause appraisals to be made of properties of various classes in each city and town sufficient in number and so selected, by random sampling or otherwise, as to (a) confirm the assessment ratio derived from selling prices, (b) assist in determining assessment ratio wherever the number of sales is insufficient to represent all properties of any specific class in a city or town, (c) provide a substitute for selling prices of properties of a unique character or which are sold at infrequent intervals, and (d) establish an assessment ratio for personal property assessed in each city or town.
The commissioner may require from state, city and town officers and from individual property owners such returns and statements relative to the amount and value of taxable property and the income derived therefrom in the several cities and towns as he deems necessary. If a city or town fails to submit such information in its possession or which it can reasonably be expected to obtain as the commissioner requests in writing for use in determining the equalized valuations required by section nine and such failure continues for thirty days after such written request, such city or town shall not have a right to submit testimony to the commissioner as provided under section ten A and the decision of the commissioner with respect to such city or town shall be final.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.