As used in these rules, unless the context otherwise requires:

1. (1) “Assessment percentage” means the rate of assessment set forth in T.C.A. § 67-5-801(a) for ‘public utility property,’ ‘industrial and commercial property,’ ‘residential property,’ and ‘farm property.’
2. (2) “Farm property” is defined as in T.C.A. § 67-5-501(3).
3. (3) “Industrial and commercial property” is defined as in T.C.A. § 67-5-501(4).
4. (4) “Mobile home” is any movable structure and appurtenance that is attached to real property by virtue of being on a foundation, or being underpinned, or connected with any one (1) utility service, such as electricity, natural gas, water, or telephone.
5. (5) “Multiple-use subclassification” means the apportionment of different assessment percentages among subclasses when a parcel of real property is used for more than one purpose which would result in different subclassifications.
6. (6) “Public utility property” is defined as in T.C.A. § 67-5-501(8).
7. (7) “Residential property” is defined as in T.C.A. § 67-5-501(10).
8. (8) “Subclass” and “Subclassification” mean the classification of real property as public utility property, industrial and commercial property, residential property or farm property in accordance with T.C.A. §§ 67-5-501 and 67-5-801(a).

Authority: T.C.A. §§ 4-3-5103, 67-1-305, and 67-5-801(b). Administrative History: Original rules filed August 23, 2017; effective November 21, 2017.