County Assessor
ROLL OF THE COUNTY ASSESSORS OFFICE
Q: What does the County Assessor do?
The assessor
discovers, lists, and values residential, commercial,
vacant and business and personal property for ad valorem
purposes, notifies property owners of their assessed
property values, and prepares the county tax roll
of real property (land and buildings) and personal
property (including livestock and mobile homes) for
the county treasurer.
Q: Does the County Commission superintend, manage or supervise the Assessor's office?
No. The County Commission
has no superintending authority over the Assessor. Only the State
Department of Taxation and Revenue may direct the Assessor's activities.
PROPERTY VALUATION FOR TAX ASSESSMENT
New Mexico State Statures
Annotated 7-38-8 NMSA 1978 require owners of real property, tangible
movable business property, and/or manufactured homes to declare any
change in value their property has undergone within the past year.
Q: I am new to New Mexico and
have purchased a home. Do I have to pay property taxes
in New Mexico? Yes!
The property owner is
responsible for recording property transfer documents with the county
clerk and for notifying the county assessor of purchases and transfers
of ownership. Current property owners must provide the assessor with a
valid address in order to receive valuation notices and tax bills.
After moving, all county residents must contact county assessor's
office with new address.
Q: How much property tax will I have to pay?
Taxes are based on the
current and correct market value of residence and land, vacant land,
commercial property, or other taxable property. The amount a resident
will pay is determined by multiplying the mill levy rate against the
net taxable value of your property. The net taxable value is one third
of the total assessed value of your property minus valid exemptions
such as head of family or veterans exemptions.
Q: What does property valuation mean?
The valuation set for
property by the county assessor is an estimate of the market value of
property, residence, vacant land, commercial property, or other taxable
property.
Q: How are the changes in the value of my property determined?
The assessor is required by
state law to value property at 100 percent of its market value as
determined by sales of comparable property.
Q: What is the Notice of Valuation?
Once a year county residents
will receive a Notice of Value from the assessor stating the value of
the owner's property for that year. The notice of value is not a tax
bill. The treasurer issues the tax bill November 1.
Q: When is the Notice of Value Mailed?
The assessor is required to mail one Notice of Value for each assessed property by April 1 of each year.
Q: I recently moved. Who should be notified of my change in address?
The assessor's office will
accept mailing address changes in person or through the mail. The
assessor provides a change of address form with the Notice of Value. If
a property owner does not receive a tax bill, the resident must contact
the assessor and verify the address on the tax roll.
EXEMPTION
Q: Is there a homestead exemption in New Mexico?
No. The New Mexico Legislature has established a head of family exemption.
Q: When may exemptions be claimed?
Property owners have 30 days
from the day the notice of valuations were mailed to claim any
exemptions. If property changes ownership the new owner must apply next
tax year.
Q: Who is eligible for the head of family exemption and how is it applied?
The state statute on this
reads: As used in this section, head of the family means an individual
New Mexico resident who is either: 1) Married;
2) Widow or Widower;
3) Head of household furnishing more than one-half the cost of support
of any related person; or
4) A single person.
Those eligible for this exemption must apply for it only once to
receive it in subsequent years. Only one family exemption per household
is permitted, and it must be the property in which the owner resides in
the State of New Mexico. The head of family exemption for 1988 was
$200. In 1989 and 1990, the amount was $800, and in 1991 and 1992 it
was $1,400. In 1993 it capped to $2,000.
Q: How is the Veteran Exemption status determined and how does if affect property taxes?
The New Mexico Veteran's
Service Commission determines all eligibility and issues a certificate
to all qualifying Veterans. This certificate (original copies only) may
be used to claim the New Mexico Property Tax Exemption. Once the
exemption is claimed, it is retained for subsequent years without
re-application. Veterans with certificates should apply with the
Assessor 30 days after the notice of value is mailed. Surviving spouses
may receive the exemption if they qualify with the New Mexico Veteran's
Service Commission. For more information, call the Veteran's Service
Commission in Santa Fe for details on expanded eligibility by the
legislature for Veterans.
PROTESTING ASSESSMENT VALUES
Q: When can I protest my valuation as determined by the Assessor?
A property owner may protest
the value and classification or denial of an exemption no later than 30
days after the mailing of the Notice of Value.
Q: What is the protest process if I disagree with the assessor's valuation?
The property owner must
complete a protest form that is available at the county assessor's
office and mail or take it (with documentation if available) to the
assessor's office in person within 30 days from the mailing date of the
assessor's Notice of Value form. An informal meeting may be set to
discuss the protest. If an agreement is not made at the informal
hearing a formal hearing with the Valuation Protest Board will be set.
If the dispute is not resolved satisfactorily at the board hearing, the
property owner may make an official appeal to the court of appeals.
MANUFACTURED HOMES
Q: Must a manufactured home be assessed with the County Assessor?
Yes. State law requires the
assessment of manufactured homes for property taxes. The assessor
requires a copy of the manufactured home vehicle registration or the
title, along with the manufactured home property or location.
Q: What steps must I take as a manufactured home owner before either selling, moving or trading in a manufactured home?
The owner must take the
title or certificate of registration to the county assessor's office.
The assessor will determine if the property is registered on the tax
rolls. If the property is not on the current tax roll, the assessor's
office will assign a property account number and a value to the
manufactured home for the current year and possibly one prior year
depending upon the date of purchase. The property owner will then
obtain a tax release from the treasurer's office to verify payment of
all taxes. The release is issued only after current calendar year taxes
based on the assessor's values and any other outstanding taxes have
been paid.
If the property owner is moving the manufactured home the assessor's
office will issue a moving certificate and will update records with the
new address. If selling a manufactured home, the property owner must
provide the name of the new owner, as it should appear on the new title
to be issued by the state Motor Vehicle Department.
Q: Will my assessment show the value for the land as well as the manufactured home?
No. The land value appears
on a separate assessment. Property owners will receive two tax bills,
one for the manufactured home and one for the lot (unless the lot is a
rental).
Q: What steps must I take to change the status of my manufactured home from personal property to real property?
There are two forms to be
completed: 1) Request to change valuations status for a manufactured
home
2) Manufactured Home (Mobile Home) Affidavit of Affixture to Colfax
County Assessor.
Mail the "Request to Change Valuation Status" form to the Motor Vehicle
Division Vehicle Services Bureau, P.O. Box 1028, Santa Fe, New Mexico
87504-1028 along with the original title to the manufactured home. This
form must be completed to deactivate the motor vehicle title to a
manufactured home and to have the manufactured home valued as real
property for property taxation purposes. A manufactured home may be
valued as real property only if:
1) the tongue and axles have been removed from the manufactured home;
2) the home is affixed to a permanent foundation on the land on which
it is located;
3) the owner of the manufactured home owns the land on which the
manufactured home is located and;
4) all liens and encumbrances against the motor vehicle title for the
manufactured home have been satisfied or released. The Motor Vehicle
Division will deactivate the title only if all liens and encumbrances
against the motor vehicle title for the manufactured home have been
satisfied or released.
Once the physical inspection is done and the manufactured home has met
criteria for real property, the Assessor's office requires that current
and past years taxes be paid on the manufactured home. The status will
be changed the next year to a permanent structure when the assessor's
office receives the deactivated title from the Motor Vehicle
Department.
AGRICULTURAL AND GRAZING CLASSIFICATIONS
In order to preserve the
limited land available in New Mexico for agricultural and grazing
purposes, the New Mexico Legislature has given special valuation status
(7-36-20 NMSA1978). Qualified owners of such land must register their
lands annually with the county assessor by the last day of February and
must be prepared to prove that agriculture is the primary use of the
land. For the purpose of this section, agricultural use generally means
the use of land for the production of plants crops, trees, forest
products, orchard crops, livestock, poultry or fish. The term also
includes the use of land that meets the requirement for payment of
other compensation pursuant to a soil conservation program under an
agreement with an agency of the federal government.
Q: What if there is an improvement
(house) on the agricultural land?
One acre will be designated
as home site and will be valued at market value. A home site, as the
term is used in property tax division regulation 7-36-20.3 means the
site is used primarily as residence and is more than the boundary of
the foundation of an improvement used as a residence. All remaining
land will receive the agricultural valuation rate providing that the
primary us of the remaining land qualifies as agricultural under the
statute.
Q: How does the assessor determine whether the primary use of the land is agricultural?
The determination is based
on the evidence provided. No exemption will be granted if there is
evidence that the land is being held for speculative land subdivision
and sale; for commercial use of a non-agricultural nature; recreational
use; if the land is being leased and whether or not the lessee is using
it for agricultural purposes; or any other non-agricultural use.
Q: What is the minimum acreage that qualifies for an agricultural/grazing classification?
Colfax County ordinance #2004-1, recorded in BK15-P9238, has certain criteria for small acreage and large acreage.
Q: What does agricultural products mean?
Agricultural products include: plants, crops, trees, forest products, orchard crops, livestock, poultry or fish.
Q: Does the assessor's
office have the right to request income and expense information from a
taxpayer who is applying for agricultural valuation?
Yes. Property Tax Division
Regulations 7-36-20.D(2) indicates the application form may contain a
request for providing information on the owner's farm income and farm
expenses reported to the US Internal Revenue Service on Schedule F.
OTHER IMPORTANT INFORMATION
Q: Are there any special arrangements I must take before recording a property split or combine survey plat?
Colfax County has an
ordinance which states that taxes owing on the property in question
must be paid in full before the treasurer's office will sign a County
Certification of Taxes Paid .
Q: If taxes are owed on a
parcel of land that has been split or combined with another parcel, who
is responsible for the taxes on the original parcel?
The owner of record on January 1
of each tax year is responsible for taxes assessed
for that tax year. Colfax County assessor's office
will not process documents until taxes are paid.
PROPERTY OWNER RESPONSIBILITY
It is the responsibility of
each property owner to take an interest in the property and be aware of
any changes such as repairs, fire damage, improvements, or new
construction that may cause a decrease or increase in value. When such
a change occurs, the owner must notify the assessor's office so that a
new valuation can be determined. According to law, the value of your
residential property cannot increase more than 6.1% over a two year
period of time. The assessor's office establishes property values as of
January 1 for the entire year, and the values are not pro-rated.
Notices are sent to property owners by April 1 each year. Upon receipt
of the notice, be sure to check the name of the owner, legal
description, and the amount of value. Property owners should notify the
assessor's office immediately if a Notice of Value is not received each
year.
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