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Are appraised values public record?

Appraised Values

 

The status of appraised values as public records depends on the specific jurisdiction and the type of property being appraised. In many cases, appraised values are considered public information and can be accessed by the public through various means. However, there may be exceptions and limitations in certain situations.

1. Real estate appraisals:

Appraised values of real estate properties are often considered public records. They can be accessed through government agencies, such as the assessor’s office or the tax department, which maintain property records and assessment information. In some jurisdictions, this information may also be available online through property tax databases or other public records portals.

2. Personal property appraisals:

The accessibility of appraised value for personal property, such as artwork, collectibles, or vehicles, can vary. In some cases, appraised value for personal property may be disclosed publicly, especially in the context of auctions or sales.

However, this may not be the case for all personal property appraisals, as privacy considerations or confidentiality agreements may restrict public access to this information.

3. Business appraisals:

Appraised value of businesses are generally considered confidential and may not be publicly accessible. Business appraisals often involve sensitive financial and proprietary information, and disclosing the appraised value publicly may not be in the best interest of the business or its stakeholders. Business valuation information is typically shared on a need-to-know basis, such as with potential buyers, investors, or regulatory authorities.

It is important to note that laws and regulations regarding public access to appraised values can vary between jurisdictions. Additionally, specific rules regarding the disclosure of appraised values may be subject to exemptions or restrictions in certain circumstances. To obtain accurate and up-to-date information on the accessibility of appraised value as public records, it is recommended to consult the relevant government agencies or seek legal advice specific to your jurisdiction.

 

To visit: https://www.mca.gov.in

 

For further details access our website: https://vibrantfinserv.com

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