g. The improvement pricing details; and,
h. The allowances made for physical, functional and economic depreciation factors;
(4) The outline sketch of all principal improvements with dimensions with the street side or waterfront
toward the bottom of the diagram;
(5) The base valuation year;
(6) The print date of property record card;
(7) Photograph of the principal building;
(8) History of the property transfer to include:
a, Date of sale;
b. Consideration amount;
c, Qualification code; and,
d. Property type noted as either vacant or improved;
(9) A notation area to record any comments pertaining to the property; and,
(10) A notation area to record the history of the property, which may include, but not be limited to:
Property inspection date;
Individual’s identification number or initials associated with the inspection,
The extent of the inspection;
Reason for the inspection; and,
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Any value adjustmentts).
3.3 Market Analysis
3,3.]
3.3.2
3.3.3
3.3.4
A DRA-certified property assessor supervisor shall conduct the market analysis.
A DRA-certified property assessor assistant, under the guidance of a DRA-certified property assessor or a
DRA-certified property assessor supervisor, may validate or invalidate sales for the market analysis.
The municipal assessing officials shall provide to Contractor a copy of all property transfers for a minimum
of two (2) years immediately preceding the effective date of the revaluation.
The market analysis shall be conducted by Contractor using accepted mass appraisal methods in order to
determine land, improvements and any other contributory values or factors including:
(1) A review of all property transfers provided by the municipal assessing officials to Contractor;
(2) A compilation of all unqualified property transfers into a sales list with appropriate notations for those
sales not used in the analysis accompanied by:
a. The parcel map and lot number;
b. The disqualification code;
c. The date of sale; and,
. The sale price.
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(3) Acompilation of all qualified property transfers into a sales list with appropriate notations for those
sales used in the analysis accompanied by:
The parcel map and lot number;
The date of sale;
The sale price;
The newly established value;
A photocopy or printout of the property record card for each property transferred; and,
moe 9 SF BP
A photograph of the principal improvements attached thereto;
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