Washington § 84.40.042 - Valuation and assessment of divided or combined property.

Full text of Washington Revised Code of Washington § 84.40.042 — Valuation and assessment of divided or combined property., with citation guidance and answers to common questions.

§ 84.40.042. Valuation and assessment of divided or combined property.

(1) When real property is divided in accordance with chapter 58.17 RCW, the assessor shall carefully investigate and ascertain the true and fair value of each lot and assess each lot on that same basis, unless specifically provided otherwise by law. For purposes of this section, "lot" has the same definition as in RCW 58.17.020.
(a) The assessor must establish the true and fair value by October 30th of the year following the recording of the plat, replat, or altered plat. The value established must be the value of the lot as of January 1st of the year the original parcel of real property was last revalued.
(b) For purposes of this section, "subdivision" means a division of land into two or more lots.
(c) For each subdivision, all current year and delinquent taxes and assessments on the entire tract must be paid in full in accordance with RCW 58.17.160 and 58.08.030 except when property is being acquired by a government for public use. For purposes of this section, "current year taxes" means taxes that are collectible under RCW 84.56.010 subsequent to completing the tax roll for current year collection.
(2) When the assessor is required by law to segregate any part or parts of real property, assessed before or after July 27, 1997, as one parcel or when the assessor is required by law to combine parcels of real property assessed before or after July 27, 1997, as two or more parcels, the assessor must carefully investigate and ascertain the true and fair value of each part or parts of the real property and each combined parcel and assess each part or parts or each combined parcel on that same basis.
[ 2017 c 109 s 3; 2009 c 350 s 1; 2008 c 17 s 1; 2002 c 168 s 8; 1997 c 393 s 17.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 84.40.042

What does Revised Code of Washington § 84.40.042 cover?

Section 84.40.042 ("Valuation and assessment of divided or combined property.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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A common citation format is "Revised Code of Washington § 84.40.042" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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