Property Tax Appeals - Quick Reference
What do I need for my appeal to be accepted for review by the Board of Equalization?
You must submit one or more of the following types of evidence with your appeal. Your evidence must support your opinion of market value and should be dated as close as possible to January 1 of the current tax year under appeal.
- A purchase of the property - provide a copy of the closing statement, also referred to as your settlement statement, or HUD-1 dispursement document.
- A fee appraisal of the property - provide a copy of the complete appraisal report.
- Sales data from comparable properties - selling within one (1) year prior to January 01, of the current year. A minimum of three (3) sales is required but up to five (5) is preferred. Provide a "listing full print" copy of each sale, showing sales price, sales date, and a detailed description of properties sold in your area. This information can be obtained from a real estate professional through the Salt Lake Board of Realtors affiliated with the Wasatch Front Multiple Listing Service.
- For income producing properties (other than duplexes and single family rentals) - provide a copy of the property's rent roll and income and expense statement. Be prepared to show your rents compared to market rents. If the property is owner-occupied provide comparable sales or leases.
- A factual error in the physical characteristics or exemption status of the property - review your building card with the Assessor's Office and provide evidence of the error and evidence of how it resulted in an error in the market value.