Property Valuation
Assessed value for Oklahoma ad valorem tax purposes is determined annually by the:
AOklahoma Real Estate Commission
BCounty assessor based on state-mandated assessment ratios and Oklahoma Tax Commission guidelines✓ Correct
CFederal Housing Administration
DProperty owner through self-reporting
Explanation
The county assessor determines assessed values for ad valorem tax purposes annually, following assessment ratios (11% for residential) and guidelines from the Oklahoma Tax Commission. Property owners may appeal assessments they believe are incorrect.
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