Sec. 41A.09. AWARD; PAYMENT OF ARBITRATOR'S FEE. (a) Not later than the 20th day after the date the hearing under Section 41A.08 is concluded, the arbitrator shall make an arbitration award and deliver a copy of the award to the property owner, appraisal district, and comptroller.
(b) An award under this section:
(1) must include a determination of the appraised or market value, as applicable, of the property that is the subject of the appeal;
(2) may include any remedy or relief a court may order under Chapter 42 in an appeal relating to the appraised or market value of property;
(3) shall specify the arbitrator's fee, which may not exceed the amount provided by Section 41A.06(b)(4);
(4) is final and may not be appealed except as permitted under Section 171.088, Civil Practice and Remedies Code, for an award subject to that section; and
(5) may be enforced in the manner provided by Subchapter D, Chapter 171, Civil Practice and Remedies Code.
(c) If the arbitrator determines that the appraised or market value, as applicable, of the property that is the subject of the appeal is nearer to the property owner's opinion of the appraised or market value, as applicable, of the property as stated in the request for binding arbitration submitted under Section 41A.03 than the value determined by the appraisal review board:
(1) the comptroller, on receipt of a copy of the award, shall refund the property owner's arbitration deposit, less the amount retained by the comptroller under Section 41A.05(b);
(2) the appraisal district, on receipt of a copy of the award, shall pay the arbitrator's fee; and
(3) the chief appraiser shall correct the appraised or market value, as applicable, of the property as shown in the appraisal roll to reflect the arbitrator's determination.
(d) If the arbitrator determines that the appraised or market value, as applicable, of the property that is the subject of the appeal is not nearer to the property owner's opinion of the appraised or market value, as applicable, of the property as stated in the request for binding arbitration submitted under Section 41A.03 than the value determined by the appraisal review board:
(1) the comptroller, on receipt of a copy of the award, shall:
(A) pay the arbitrator's fee out of the owner's arbitration deposit; and
(B) refund to the owner the owner's arbitration deposit, less the arbitrator's fee and the amount retained by the comptroller under Section 41A.05(b); and
(2) the chief appraiser shall correct the appraised or market value, as applicable, of the property as shown in the appraisal roll to reflect the arbitrator's determination if the value as determined by the arbitrator is less than the value as determined by the appraisal review board.
(e) The comptroller by rule may prescribe a standard form for an award and may require arbitrators to use the award form when making awards under this chapter.
Added by Acts 2005, 79th Leg., Ch. 372 (S.B. 1351), Sec. 1, eff. September 1, 2005.
Added by Acts 2005, 79th Leg., Ch. 912 (H.B. 182), Sec. 1, eff. September 1, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1211 (S.B. 771), Sec. 11, eff. January 1, 2010.
Acts 2019, 86th Leg., R.S., Ch. 944 (S.B. 2), Sec. 73, eff. January 1, 2020.
Structure Texas Statutes
Chapter 41A - Appeal Through Binding Arbitration
Section 41A.01. Right of Appeal by Property Owner
Section 41A.02. Notice of Right to Arbitration
Section 41A.03. Request for Arbitration
Section 41A.04. Contents of Request Form
Section 41A.05. Processing of Registration Request
Section 41A.06. Registry and Qualification of Arbitrators
Section 41A.061. Continued Qualification of Arbitrator; Renewal of Agreement
Section 41A.07. Appointment of Arbitrator
Section 41A.08. Notice and Hearing; Representation of Parties
Section 41A.09. Award; Payment of Arbitrator's Fee
Section 41A.10. Payment of Taxes Pending Appeal
Section 41A.11. Postappeal Administrative Procedures