DETERMINE LAND VALUES Sample Clauses

DETERMINE LAND VALUES. (a) Basic unit values shall be determined for residential and mercantile lands from an analysis of sales, rent-leases and other available market data. In the analysis of market data, adequate records shall be prepared showing data collected and unit value determinations. Such records shall be left with the Municipality. Basic unit values for Agricultural lands will be determined by the Department of Revenue. (b) Having determined basic value, the Appraiser shall determine the land value of each parcel to be appraised. Land value computations shall be properly shown for each parcel on the property cards. (c) For residential and mercantile lands, maps and schedules shall be prepared indicating unit values used and locations thereof to be left with Municipality. (d) A copy of all charts schedules and tables, not previously referred to, including depth factor tables used in the valuation of lands shall be left with the Municipality.
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