Common use of Assessment of all property Clause in Contracts

Assessment of all property. 2.2.1 This cyclical revaluation shall commence in tax year ______ and run through tax year ______ when a full statistical revaluation analysis shall be conducted to bring values to 100% of market value. 2.2.2 Contractor shall measure and list all taxable property (RSA 72:6) within Municipality in a good and workmanlike manner in accordance with RSA 75:1. 2.2.3 Contractor shall measure and list all tax exempt and non-taxable property (RSA 74:2) within the taxing jurisdiction of Municipality in the same manner as taxable property. 2.2.4 Contractor shall measure, list and verify all sales used to determine benchmarks for the revaluation. 2.2.5 The contractor shall update the existing assessment information to correct errors or omissions pertaining to: (1) Incorrect measurements; and (2) Physical changes, which may include, but not be limited to: a. Additions; b. Renovations; c. Finished areas; d. Structural alterations; e. Outbuildings; or f. Other site factors or improvements; 2.2.6 Contractor shall measure and list all new construction brought to their attention by Municipality via building permits, inventories and any other source. 2.2.7 Contractor shall utilize Municipalities _________________ CAMA System to appraise properties.