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us-co/statute/39/39-5-117 — Property improvements destroyed after assessment date · Axiom

Property improvements destroyed after assessment date

1 rule

Whenever any improvements are destroyed or demolished subsequent to the assessment date in any year, it is the duty of the owner thereof or the owner's agent to promptly notify the assessor of such destruction or demolition and the date upon which the same occurred. In all such cases, such improvements shall be valued by the assessor at the proportion of its valuation for the full calendar year that the period of time in such year prior to its destruction or demolition bears to the full calendar year. Failure of the owner thereof or of the owner's agent to so notify the assessor prior to the date taxes are levied shall be considered a waiver, and no proportionate valuation by the assessor shall then be required.

in view

Whole section

Encodings · 1

proportionate_improvement_valuation_requiredCO 39 § 39-5-117 · derived

C.R.S. 39-5-117

name: proportionate_improvement_valuation_required
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-117
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-117
          excerpt: >-
            Whenever any improvements are destroyed or demolished subsequent to
            the assessment date
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-5-117
          excerpt: >-
            Failure ... to so notify the assessor prior to the date taxes are
            levied shall be considered a waiver
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-5-117
          excerpt: >-
            such improvements shall be valued ... at the proportion of its
            valuation for the full calendar year
versions:
  - effective_from: '0001-01-01'
    formula: |-
      improvement_destroyed_or_demolished_subsequent_to_assessment_date
      and owner_or_agent_notified_assessor_before_taxes_levied

▸rulespec code

Shown source

statutes/39/39-5-117.yaml

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Rules

proportionate_improvement_valuation_required

Derived

source: C.R.S. 39-5-117

- name: proportionate_improvement_valuation_required
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-117
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-117
            excerpt: >-
              Whenever any improvements are destroyed or demolished subsequent to the assessment
              date
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-5-117
            excerpt: >-
              Failure ... to so notify the assessor prior to the date taxes are levied shall be
              considered a waiver
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-5-117
            excerpt: >-
              such improvements shall be valued ... at the proportion of its valuation for the full
              calendar year
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        improvement_destroyed_or_demolished_subsequent_to_assessment_date
        and owner_or_agent_notified_assessor_before_taxes_levied