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Values may change over time, and many states require taxing jurisdictions to redetermine values every three or four years. The value of property is often determined based on current use of the property, rather than potential uses. [25] Property values are determined at a particular valuation date for each jurisdiction, which varies widely.
Used for properties ripe for development or redevelopment or for bare land only. The site or unimproved property value is based on the improved or developed value less costs of construction, professional fees, development finance costs and a developer's profit or return on risk. [clarification needed] 4. Profit method. Used for trading ...
A property (also attribute) describes the data value of a statement and can be thought of as a category of data, for example "color" for the data value "blue". Properties, when paired with values, form a statement in Wikidata. Properties are also used in qualifiers.
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A full coverage search is usually done when creating a title report for sale/resale transactions and for transaction that involves construction loans. It generally includes searches related to property lien, easements, covenants, conditions and restrictions(CC&Rs), agreements, resolutions and ordinances that will affect the real property in question.
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related to: how do you look up property value on one page basedLeader in matching homebuyers & sellers with agents - StreetInsider