The assessor shall have the right and power and it shall be his duty to inquire into the purchase price paid for any property, real or personal, and to ascertain and acquaint himself with any sales or transfers of property of like description or value made or effected in the vicinity, within the year or years next preceding the listing for assessment then being made; and the price paid for property at such sales or transfers shall be considered by the assessor in determining the value of property to be listed for assessment.
Structure Mississippi Code
Title 27 - Taxation and Finance
Chapter 1 - Assessors and County Tax Collectors
§ 27-1-3. Assessor may appoint deputies; oath of office; bond; appointment process
§ 27-1-5. Duties and compensation
§ 27-1-7. Assessor to be tax collector; bond; duties; effect of failure to qualify as tax collector
§ 27-1-9. Office of assessor and tax collector; budget; finances
§ 27-1-11. Tax collector as separate officer in certain counties; reconsolidation of offices
§ 27-1-13. Tax collector as separate officer; election; bond; powers and duties
§ 27-1-15. Method of operation where offices of assessor and tax collector are separated
§ 27-1-17. May demand list of employees
§ 27-1-19. To gather and record data; electronic filing and storage
§ 27-1-21. Shall examine records
§ 27-1-25. To devote full time to office
§ 27-1-27. Supervisors to provide office
§ 27-1-29. Delivery of books and other documents to successors in office