All real property commonly known as real estate is assessed. KRS.132.690 states that each parcel of taxable real property or interest therein subject to assessment by the property valuation administrator shall be assessed annually by the PVA at its fair cash value in accordance with standards prescribed by the Revenue Cabinet. Real property shall be physically examined no less than once every four years by the PVA or his assessing personnel.

The PVA office uses Field Representatives to collect data. We receive information from several different sources:

1. The Building Inspector provides a list of permits as they are issued. These have all improvements such as additions, garages, multiple dwellings (duplexes, apartments, condos), new businesses, pools and manufactured home placements.
2. On site visual inspections such as required for quadrennial plan and physically checking each parcel for improvements.
3. Property owners

A Field Representative is responsible for going to the site, listing all improvements, measuring structures as necessary, and taking photos of said improvements. Interior specs are gathered from on-site discussion with the owner or occupant. If no one is on site, the field rep will estimate interior specs and leave a card for the owner to fill out and return to the PVA office with information on the structure.