Property Valuation
Vermont town listers are responsible for which of the following?
AIssuing Act 250 permits
BMaintaining the annual grand list and setting assessed values for property tax purposes✓ Correct
CLicensing real estate salespersons
DReviewing environmental impact statements
Explanation
Vermont town listers are elected or appointed local officials responsible for maintaining the town's grand list — the annual inventory of taxable property and its assessed values — which forms the basis for property tax calculations.
Related Vermont Property Valuation Questions
- Accrued depreciation in a Vermont property appraisal includes all EXCEPT:
- Which of the following best describes 'economic life' versus 'physical life' of a Vermont building?
- Vermont's 'land residual technique' in appraisal is used when:
- Vermont's 'leased fee estate' value reflects:
- The 'highest and best use' of a Vermont parcel is defined as the use that is:
- Vermont's 'as-improved' value differs from 'as-vacant' value because:
- Vermont's 'direct capitalization' approach to income property valuation is most reliable when:
- When reconciling the three approaches to value in a Vermont residential appraisal, the appraiser typically gives the MOST weight to:
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