Arizona § 42-13403 - Computing valuation
Full text of Arizona Arizona Revised Statutes § 42-13403 — Computing valuation, with citation guidance and answers to common questions.
§ 42-13403. Computing valuation
A. Subject to section 42-13404, values for common areas shall be made on the assumption that no other property use is possible.
B. Land, buildings and improvements used for common areas shall be valued at five hundred dollars per parcel. The county assessor may divide the assessment amount per parcel to depict an assessment for land and an assessment for buildings and improvements provided that the total assessment for the parcel does not exceed five hundred dollars.
Frequently Asked Questions About Arizona § 42-13403
What does Arizona Revised Statutes § 42-13403 cover?
Section 42-13403 ("Computing valuation") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 42-13403?
A common citation format is "Arizona Revised Statutes § 42-13403" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 42-13403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.