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Do 26 Rev. 11/97 Application no. Date Received Application for Valuation Deduction for Destroyed or Damaged Real Property Answer all questions and type or print all information. Please read instructions

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What is application for valuation deduction?

The application for valuation deduction is a form used to request a reduction in the assessed value of a property for tax purposes.

Who is required to file application for valuation deduction?

Property owners who believe their property's assessed value is too high are required to file an application for valuation deduction.

How to fill out application for valuation deduction?

The application for valuation deduction can typically be filled out online or in person at the local tax assessor's office. It requires information about the property and the reason for requesting a reduction in assessed value.

What is the purpose of application for valuation deduction?

The purpose of the application for valuation deduction is to lower the property tax liability for a property owner by reducing the assessed value of their property.

What information must be reported on application for valuation deduction?

The application for valuation deduction may require information such as property details, recent sale prices of similar properties, and any improvements or damages to the property.

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