Property Valuation (alternative)
SDAT reassesses Maryland real property on what cycle?
AAnnually
BEvery two years
CEvery three years (triennial)✓ Correct
DEvery five years
Explanation
The State Department of Assessments and Taxation (SDAT) reassesses Maryland real property on a triennial (three-year) cycle, with properties assessed at 100% of fair market value.
Related Maryland Property Valuation (alternative) Questions
- Depreciation in a Maryland appraisal (cost approach) includes all of the following EXCEPT:
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