Assessment of real property not on secured roll: Time; notice.
1. The county assessor of any county in which real property is located which is not on the secured roll shall assess the property and petition the appropriate board of equalization to place the property on the secured roll for the next tax year. The taxes for the current year and any prior year must be calculated and collected in the same manner as if the property had been assessed in those years and placed on the secured roll.
2. The assessment may be made at any time within 3 years after the end of the fiscal year in which the taxes would have been due.
3. The petition must be made to the:
(a) County board of equalization if the assessment is made on or after July 1 but before February 1; or
(b) State board of equalization if the assessment is made on or after February 1, but before July 1.
4. The county assessor shall give notice of the assessment by certified letter to the owner of the property on or before the date on which the petition is filed pursuant to subsection 1. The notice must include:
(a) A description of the property;
(b) The years for which the taxes were not paid;
(c) The assessed valuation of the property for each of the years stated in paragraph (b); and
(d) A statement informing the property owner of his right to appeal the assessed valuation at a hearing of the appropriate board of equalization.
Last modified: February 27, 2006