Texas Property Tax Consultant Practice Exam

Which of the following is NOT a reason to file a motion to correct an excessive appraisal?

1. The value exceeds 25%

2. The taxes have been paid

3. An appeal was not heard by the ARB

4. The value does not exceed 20%

The correct answer is: The value does not exceed 20%

Filing a motion to correct an excessive appraisal is typically based on specific criteria centered around perceived inaccuracies or abnormalities in the appraisal process. The correct choice indicates that if the value does not exceed a 20% threshold, there is usually no basis for claiming an excessive appraisal. Generally, excessive appraisal claims hinge on significant differences between the appraised value and the actual market value of the property, often defined by statutes or guidelines. In the context of appraisal disputes, scenarios where a property’s appraised value is significantly higher than expected, particularly beyond a certain percentage, are commonly grounds for filing an appeal. When the value is under a 20% discrepancy, it tends not to constitute grounds for a strong case, thereby negating the necessity for a motion to correct. Thus, the correct answer highlights that if the value does not exceed that threshold, it is not usually a reason to initiate such a corrective motion. The other options represent valid reasons for filing a motion. For example, if the value exceeds 25%, it signifies a considerable difference that could justify an appeal. Tax payments may also cause concern, particularly if one believes they are overpaying due to an inflated appraisal. Lastly, if an appeal was not heard by the Appraisal Review Board