A Texas homeowner has filed a protest with the Appraisal Review Board. At the hearing, the homeowner presents evidence of recent comparable sales showing lower values. The ARB must make its decision based on which standard?
Correct Answer
C) The ARB must determine the market value based on a preponderance of the evidence presented by both the property owner and the appraisal district
The ARB makes its determination based on a preponderance of the evidence — the standard civil burden of proof. Both the property owner and the appraisal district present evidence, and the ARB weighs the evidence to determine the property's market value.
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