- Office Buildings
- Apartment Buildings
- Vacant Land
- Gas Stations
- Manufactured Homes
- Mobile Homes
- Shopping Centers
- Saleable Natural Resources (Oil, Gas, Timber)
All taxable property and all interests in taxable property, unless otherwise specifically provided by law, shall be listed, assessed, and valued as of January 1 of each year.
It shall be the duty of the holder of the first freehold estate in any real property taxable in this state to list or have listed the property with the property valuation administrator of the county where it is located between January 1 and March 1 in each year, except as otherwise provided by law.
It shall be the duty of all persons owning any tangible personal property taxable in this state to list or have listed the property with the property valuation administrator of the county of taxable situs or with the department between January 1 and May 15 in each year, except as otherwise prescribed by law.
The holder of legal title, the holder of equitable title, and the claimant or bailee in possession of the property on the assessment date as provided by law shall be liable for the taxes thereon, and the property may be assessed in any of their names. But, as between them, the holder of the
equitable title shall pay the taxes thereon, whether or not the property is in his or her possession at the time of payment.
All persons in whose name property is properly assessed shall remain bound for the tax, notwithstanding they may have sold or parted with it.
All real property commonly known as real estate is assessed. KRS.132.690 states that each parcel of taxable real property or interest therein subject to assessment by the property valuation administrator shall be assessed annually by the PVA at its fair cash value in accordance with standards prescribed by the Revenue Cabinet. Real property shall be physically examined no less than once every four years by the PVA or his assessing personnel.
The PVA office uses Field Representatives to collect data. We receive information from several different sources:
1. The Building Inspector provides a list of permits as they are issued. These have all improvements such as additions, garages, multiple dwellings (duplexes, apartments, condos), new businesses, pools and manufactured home placements.
2. On site visual inspections such as required for quadrennial plan and physically checking each parcel for improvements.
3. Property owners
A Field Representative is responsible for going to the site, listing all improvements, measuring structures as necessary, and taking photos of said improvements. Interior specs are gathered from on-site discussion with the owner or occupant. If no one is on site, the field rep will estimate interior specs and leave a card for the owner to fill out and return to the PVA office with information on the structure.