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Can common area property owned by the developer obtain nominal valuation from the appraisal district?

April 26, 2017appraisal area common Developer district nominal obtain Property valuation

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Can common area property owned by the developer obtain nominal valuation from the appraisal district?

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With the exception of greenbelts, no. Common area property owned by the developer is deemed to be held by the Developer as part of a business enterprise and not as part of a Homeowners Association.