Property Valuation
What is a mass appraisal as used by Nevada county assessors?
AAn appraisal by a team of several licensed appraisers on one property
BA systematic process for valuing a large number of properties simultaneously using standardized methods and statistical models✓ Correct
CAn appraisal of commercial properties only
DA court-ordered appraisal of condemned properties
Explanation
Mass appraisal is used by Nevada county assessors to value all taxable property for ad valorem taxation. It uses statistical models, standardized procedures, and market data to value many properties simultaneously, as contrasted with individual (single property) appraisals.
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