Statutes, codes, and regulations
Mississippi Administrative Code
Title 35 - Department of RevenuePart 6 - PropertySubpart 02 - EqualizationChapter 06 - Standards of Acceptance
Section 35-6-02-06-403 - Ratio Studies
Section 35-6-02-06-403.02

35 Miss. Code. R. 6-02-06-403.02

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Current through December 10, 2024
Section 35-6-02-06-403.02

The standard for passing the assessment level test for Class I properties is a median ratio of 85 percent (85%) to 115 percent (115%) of market value. A median for Class II properties of 75 percent (75%) to 125 percent (125%) of market value is deemed passing.

35 Miss. Code. R. 6-02-06-403.02