Appeal of Bermuda Run Property Owners

99 PTC 457 and COA00-833, Appeal of Bermuda Run Property Owners v. Davie County, membership fee included in assessment, intangible personal property. "Having found that the appellants failed to produce any evidence that their properties were appraised at an amount substantially exceeding the true value, we have no need to decide whether it was proper for the assessor to include the amount of the 1994 initiation fee in calculating the tax appraisal value of these properties."