What is the definition of a Discovering Property?
The Assessor must continually monitor changes in property ownership and configuration in order to maintain accurate maps identifying each parcel of land in the city and what improvements exist upon said lands. For example: A developer purchases 5 acres of farmland from a farmer and subsequently subdivides that land into 15 residential lost. Discovery is the process of insuring that the 15 new lots are identified as separate parcels and assessed accordingly as residential lots and no longer as farmland. Subsequently, the Assessor must monitor building permit requests to insure that any new homes constructed on those residential lots are added to the data base and valued.
