Property Valuation
In South Carolina, what is a 'mass appraisal' and how does it relate to property taxation?
AAppraising large properties like shopping malls
BThe systematic appraisal of groups of properties using standardized methods, used by county assessors for property tax purposes✓ Correct
CA group appraisal conducted for a class-action lawsuit
DAppraising multiple properties in a single day
Explanation
Mass appraisal is the systematic appraisal of large numbers of properties using statistical models and standardized procedures. County assessors in South Carolina use mass appraisal to establish assessed values for all properties in their jurisdiction for tax purposes.
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