Real Property Section The Real Property Section of the Assessment Division is charged with the responsibility of appraising all taxable and non-taxable real estate at 100% of its fair market value. Market Value is defined as "the amount, in dollars, a property would sell for on the open market with no undue influences on either the buyer or the seller". This work must be done annually during the assessment year October 1 through September 30 and completed for the finalization of the Grand List on January 31st. A Revaluation of all property must be done every five years as per Connecticut State Statutes §12-62. "Commencing October 1, 1997, the assessor of each town shall revalue all of the real estate in their respective municipalities for assessment purposes in accordance with the provisions of subsection (b) of this section. The assessments derived from each revaluation shall be used for the purpose of levying property taxes in the municipality in the assessment year in which the revaluation becomes effective and in each assessment year thereafter until the next revaluation". An ongoing process of physical inspections of each property is an important phase of the revaluation. Therefore, assessment field personnel are constantly visiting property to check the data.  The City implemented a revaluation for the October 1, 2006 Grand List. The City has also elected to Phase-In the new values over the next five (5) years.  2006 Revaluation and Phase-In information Information regarding the upcoming 2011 revaluation For assessors to be able to complete their duties requires training and education. To that extent the Secretary of the Office of Policy and Management has developed programs and procedures and oversees the certification of assessment personnel. Only a Certified Connecticut Municipal Assessor (C.C.M.A.) may formally sign the annual Grand List. §12-40a. Hartford currently has three individuals with the C.C.M.A designation. Complete list of all CCMA designees in the State of Connecticut.