What action can a property owner take if they disagree with the assessed value of their property?

Prepare for the Delaware Real Estate Test with flashcards and multiple choice questions. Each question provides hints and explanations. Get ready for your exam!

When a property owner disagrees with the assessed value of their property, the most appropriate action is to file an appeal with the local assessment board. This process is formally established to challenge the assessed value determined by the local government, providing property owners a structured way to present their case and evidence supporting their argument for a different valuation.

Filing an appeal involves submitting documentation and potentially attending a hearing where the property owner can explain their reasoning. This action gives them the opportunity to contest the assessed valuation based on factors such as market conditions, property conditions, or comparisons with similar properties.

While consulting a real estate agent or contacting the tax assessor's office may provide helpful information about the valuation process, these actions do not initiate a formal challenge to the assessment. Requesting a new appraiser does not directly address the issue of disagreement with the assessment, as the hiring of an appraiser would only impact an independent valuation rather than the official assessment established by the local government authority.

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