From DOR/DLS --
1. Time Adjusting Sale Prices
For most assessors it has been many years since the real estate market necessitated they consider whether or not Time Adj us ting Sale Prices was important. The Division of Local Services has created a PowerPoint presentation that demonstrates three generally acceptable methods of time trending in order to be of assistance to local assessors should they decide that trending is desirable. Click on link below:
http://www.mass.gov/Ador/docs/dls/bla/Time_Adj_Sales_Prices1.pps
2. Property Type Classification Codes Booklet
A revised Property Type Classification Codes Booklet was released today. The changes reflect Chapterland code revisions in Open Space and Chapter 61 and 61A categories as well as the deletion of Exempt Property codes that are currently included in the GASB 34 Codes. Click on link below:
http://www.mass.gov/Ador/docs/dls/bla/classificationcodebook.pdf
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