Classification-Assessment Rates & More
When listing a duplex with multiple owners (2 separate parcels), what is the correct residence type?
Town House Unit
What should the total percentage be for a roof material component of a dwelling?
100%
Generally speaking, the correct M&S style code for a dwelling with upper floor living area equal to 40% to 60% of the ground floor area is what?
1 ½ Story finished
What M&S construction class cannot have an exterior wall material component attached?
H- Hoop Frame
The M&S cost tables and quality specifications were developed using current construction materials, methods, and techniques. This method of cost estimating is commonly referred to as:
Replacement Cost
What is the minimum size for a single-family residence in Orion?
100 Sq Ft. Cost will still be based on 300 Sq Ft
Residential M&S components are separated into what two groups?
Site-built and manufactured housing components
A contemporary dwelling with three basic living levels (not including a basement) with the living room area on the main level and bedrooms typically located on the upper level describes what architectural style?
Split-Level
What M&S construction class is characterized by heavy masonry and timber construction with thick load-bearing walls?
M- Mill Type Construction
The period of time over which an improvement will contribute to the property value in a positive way is known as what?
Economic life
The residential data collection process consists of collecting data on what?
Parcels with structures having up to 4 living units
What item is assigned depreciation based on the dwelling listing?
Component child of the dwelling
Contemporary one and one-half to three story dwellings with conservative architecture that can incorporate elements of Traditional, Colonial, Elizabethan or period designs, describes what architectural style?
Conventional
How is a residential swimming pool listed in Orion?
As a component child of a non-building occupancy
The quality rating assigned to a structure can depend on the residence type entry assigned to it and only one residence type entry can have a quality rating below Fair or 2.00. Which one is it?
Single-family residence
What is the minimum size of a standard bedroom as outlined in the Residential Data Collection manual?
80 Sq Ft
A custom component code labeled with a four-digit code in the 8000 or 8999 series indicates what?
The code must be used in conjunction with an occupancy
A rich and expressive architectural period; typically has asymmetrical shapes and silhouettes, steep intersecting gable roofs, towers, dormers, and bay windows. Usually given a high quality rating. What architectural style is this?
Victorian
In the Marshall Swift system, a “shed” is typically referred to as a three-sided structure. What occupancy would be an exception to that rule?
Occupancy 456- Tool Shed
What element is not a component of the construction quality rating?
Physical condition
Name three things that are true about the construction quality assignment?
It describes the overall or cumulative effects of the caliber of workmanship, the costliness of materials, and the uniqueness or complexity of design in a structure
What component type should not be attached to a manufactured home?
Raised Subfloor
What field in the “Information for Comp Sales Section” is a required entry?
Arch Style
When referring to a non-building occupancy, the depreciation table assignment is made using what?
The construction class assigned to the non-building occupancy
Locational or external obsolescence is also referred to as:
Economic obsolescence