Personal Property Valuation (12 hours) This course reviews the purpose and scope of personal property, the function and authority of the County Assessor, and examines the due process procedure. Topics included in the personal property assessment process are discovery, identification, and inventory, determination of situs, and the nature and extent of value. A detailed examination of the different classifications of personal property specific to the state of Oklahoma is included. The course concentrates on applying the valuation procedures relevant to personal property.