In Ohio, the reappraisal of all real property on a full sexennial cycle means properties are fully reappraised every:
Correct Answer
A) Six years
Ohio requires a full sexennial (every six years) reappraisal of all real property by the County Auditor under ORC §5713.01. Between full reappraisals, a triennial update adjusts values every three years.
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The Ohio Tax Commissioner orders a countywide reappraisal in Butler County because the County Auditor's prior reappraisal did not meet state standards. Under Ohio law, which statement about this situation is correct?
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Under Ohio property tax law, all of the following types of property are generally exempt from ad valorem taxation EXCEPT: