Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I received a “Notice of Escape Assessment”. What is an escape assessment, and does it mean I owe more taxes?

0
Posted

I received a “Notice of Escape Assessment”. What is an escape assessment, and does it mean I owe more taxes?

0

Occasionally the Assessor must make a correction to an assessed value after an assessment roll (a list of all property in the county together with their assessed values) has been completed and turned over to the Auditor-Controller and then to the Tax Collector for billing. These corrections or changes to an assessed value are known as “escaped assessments”. These corrections could be the result of an error by the Assessor’s office or by the property owner. An example would be the Assessor’s office not assessing new construction in a timely manner or the property owner building an addition without obtaining a building permit, therefore, the Assessor’s office was not aware of the new construction. Since an escape assessments always deal with value that should have been assessed but wasn’t, additional taxes will be due. However, the current owner will not be responsible for taxes on any escape assessment that covers a time period before they acquired the property.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.