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· 12/16/2005

Hometowne Associates, L.P. v. Maley

Citations

  • 839 N.E.2d 269
  • 2005 Ind. Tax LEXIS 88
  • 2005 WL 3442934

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • indicating that the party seeking an obsolescence adjustment must make the two-pronged evidentiary showing identifying and quantifying the obsolescence
  • providing that an obsolescence adjustment was expressed as a percentage reduction (ranging from 0% to 95%) that was applied against an improvement's reproduction cost
  • explaining that \the difference [between a property's valuations under the income/sales comparison approaches and the cost approach is] attributable to the obsolescence present in the property\
  • regarding the 2001 tax year

Source: CourtListener parenthetical corpus (CC0).

Judges: Fisher

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.