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  • Home
  • About us
  • News
  • Portal
  • Property Search
  • Appraisal Notice
  • Forms
  • Calendar
  • Open Records
  • Staff
  • Board of Directors
  • BOD Agenda & Minutes
  • Hugh Landrum
  • FAQ
  • Polk County Tax Office

FAQ

What is fair market value?

 The property is exposed for sale in the open market with a reasonable time for the seller to find a purchaser;

  • Both the seller and the purchaser know of all the uses and purposes to which the property is adapted and for which it is capable of being used and of the enforceable restrictions on its use; and
  • Both the seller and purchaser seek to maximize their gains and neither is in a position to take advantage of the exigencies of the other.

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