Texas HB57 requires appraisal review boards to rely on property owner-submitted appraisals to determine property value protests.

Texas HB57 amends the Tax Code to mandate that appraisal review boards rely on appraisals prepared by certified appraisers and submitted by property owners to resolve disputes over residential property values. If the appraisal supports the owner's claimed value and meets specific criteria, the board must rule in favor of the owner and adjust the property's appraised value accordingly. The appraisal must be attested to, include the appraiser's details, describe the property, and state the value was determined using authorized methods.

Texas HB57 requires appraisal review boards to rely on property owner-submitted appraisals to determine property value protests.

Texas HB57 amends the Tax Code to mandate that appraisal review boards rely on appraisals prepared by certified appraisers and submitted by property owners to resolve disputes over residential property values. If the appraisal supports the owner's claimed value and meets specific criteria, the board must rule in favor of the owner and adjust the property's appraised value accordingly. The appraisal must be attested to, include the appraiser's details, describe the property, and state the value was determined using authorized methods.