What is market value?

Market value is the value that property would sell for in the open market. It is the amount of U.S. dollars or equivalent for which a property would probably exchange hands between a willing seller and an informed buyer.

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1. What is transient personal property?
2. What personal property is assessed?
3. What personal property is tax exempt?
4. What is a lien date?
5. Who assesses personal property?
6. How does the county assessor know what to assess?
7. When must I report my personal property?
8. What if someone does not report personal property?
9. At What Value Is Personal Property Assessed?
10. What is market value?
11. How do I know what the assessed value of my personal property is?
12. What if I disagree with the assessed value of my personal property?
13. How are my personal property taxes determined?
14. When will I get my personal property tax bill?
15. What happens if my personal property taxes are not paid on time?
16. What happens if I close my business or sell it?