Current through December 10, 2024
Section 35-6-02-06-504.03 - Category III1. Failure to list items in a business totaling 30% of true value in any given business providing the value of the business ranges from $4,000 to $25,000 of true value.2. Data entry errors relating to a particular parcel between $1,000 and $5,000 of true value.3. Failure to value a taxable inventory having a true value of less than $4000.4. Failure to note the appraiser's initials and dates of each inspection on the property record card or enter such data into the computer system.5. Appraising individual pieces of furniture and/or fixtures using an arbitrary value, rather than using the appraisal manual or other acceptable pricing method.6. Failure to properly assess the 10 percent (10%) penalty relating to individual renditions.7. Failure to assess a mobile home.35 Miss. Code. R. 6-02-06-504.03