From the Rutherford County Property Assessor:
With torrential rains heading into the mid-state this week, many homes and properties may suffer damage because of the storms. You might not know it but your Property Assessor may be able to help.
“It is important that all property owners and insurance claims professionals are aware of the relief which may be provided in the event they suffer severe losses due to storms or other tragedies. We are here to help. If you are unsure, call us. That is why we are here,” Property Assessor Rob Mitchell said.
According to the state law, if your property has been substantially damaged, meaning it is unfit for occupancy or that the damage has reduced the value by more than 50%, please contact the Rutherford County Property Assessor’s Office at 615-898-7750.
Your property may be adjusted for the current years taxes.
According to Tennessee Code Annotated 67-5-603 (a) (1) “If, after January 1 and before September 1 of any year, a building or improvement shall be moved, demolished or destroyed, or substantially damaged by fire, flood, wind or any other disaster, and is not restored and no other improvement is constructed in its place before September 1 of that year, the assessor of property shall make or correct the assessment of such property on the basis of the value of the property after such move, destruction or substantial damage of the improvements, notwithstanding the status of the property as of the assessment date of January; …”
Recent Comments