Final answer:
The correct answer is option d. K should appeal to the Board of Equalization (d) to seek a reassessment of their property taxes if they believe their home has been assessed unfairly compared to similar properties. The Board is responsible for overseeing equity in property tax assessments.
Step-by-step explanation:
If individuals K and N own homes with similar attributes in the same subdivision, but K finds out that N's property taxes are $480 less, K should appeal to the entity that is responsible for reviewing and adjusting property tax assessments. For residential property, this is commonly the Board of Equalization (d). This board is tasked with ensuring that properties are assessed consistently and fairly relative to comparable properties, which helps in preventing significant disparities in the amounts paid by neighbors. The Board of Equalization typically hears appeals regarding property tax valuations and can adjust assessments if they find them inequitable.
Other options such as the Division of Real Estate, the County Recorder's Office, and the Board of Adjustment are less likely to be involved in property tax appeals. The Division of Real Estate typically regulates real estate licenses and practices, the County Recorder's Office records property deeds and other documents, and the Board of Adjustment typically deals with zoning and land use issues.