Each tract or parcel of land and each town or city lot shall be separately appraised and valued, except when two or more adjoining tracts, parcels, or lots are owned by the same person, in which case the same may be appraised and valued either separately or collectively. When a single structure, used for a single purpose, is located on more than one town or city lot, the entire land area shall be appraised and valued as a single property.
Source: L. 64: R&RE, p. 695, § 1. C.R.S. 1963: § 137-5-4.
Structure Colorado Code
Article 5 - Valuation and Taxation
Part 1 - Real and Personal Property
§ 39-5-101. Duties of Assessor
§ 39-5-102. When Schedules Required - Nonresident Owners Listed
§ 39-5-103. Property Described
§ 39-5-103.5. Maps of Parcels of Land in the County
§ 39-5-104. Valuation of Property
§ 39-5-104.5. Valuation of Personal Property
§ 39-5-105. Improvements - Water Rights - Valuation
§ 39-5-106. Purchase of State Land
§ 39-5-107. Personal Property Schedule
§ 39-5-108. Schedule Sent to Taxpayer - Return
§ 39-5-110. Property Brought Into State After Assessment Date - Removal Before Next Assessment Date
§ 39-5-113. Movable Equipment - Apportionment of Value
§ 39-5-113.3. Oil and Gas Drilling Rigs - Apportionment of Value
§ 39-5-113.5. Works of Art - Apportionment of Value
§ 39-5-114. Unclassified Property Shown on Schedule
§ 39-5-115. Taxpayer to Furnish Information - Affidavit on Mineral Leases
§ 39-5-116. Failure to File Schedule - Failure to Fully and Completely Disclose
§ 39-5-117. Property Improvements Destroyed After Assessment Date
§ 39-5-118. Failure to Receive Schedule - Validity of Valuation
§ 39-5-119. Refusal to Answer - Court Order
§ 39-5-120. Tax Schedules Endorsed and Filed - Availability for Inspection
§ 39-5-121. Notice of Valuation - Legislative Declaration - Repeal
§ 39-5-121.5. Valuation - Inspection of Data by Taxpayers
§ 39-5-122. Taxpayer's Remedies to Correct Errors
§ 39-5-122.7. Alternate Protest and Appeal Procedure for Specified Counties
§ 39-5-123. Abstract of Assessment or Amended Abstract of Assessment
§ 39-5-124. Property Tax Administrator to Examine Abstract
§ 39-5-125. Omission - Correction of Errors
§ 39-5-126. Wrongful Return by Assessor
§ 39-5-127. Correction of Assessments
§ 39-5-128. Certification of Valuation for Assessment
§ 39-5-129. Delivery of Tax Warrant - Public Inspection
§ 39-5-130. Informality Not to Invalidate