26 CAR § 212-602
26 CAR § 212-602. Scope of Phase 1 performance audits
Length: 173 wordsOfficial source
(a) The PA will measure both the quantity and quality of the following:
(1) Entry of general appraisal information;
(2) Collection and entry of field data; and
(3) Entry of sales information.
(b)(1) The PA will compare gross progress of physical data collection and CAMA entry to the required progress established by the county’s reappraisal plan.
(2) Additionally, the PA will review quantitative and qualitative data from the property record cards of a random sample of improved properties.
(c)(1) All warranty deeds that contain sales information helpful in the appraisal process must be entered into the county’s CAMA system.
(2) Deed entries must include:
(A) Sale date;
(B) Book and page;
(C) Revenue stamps or sale amount (if any); and
(D) Grantor/grantee information.
(d) The appraisal manager will ensure that a reasonable attempt is made to:
(1) Obtain sales price; and
(2) Confirm validity of all warranty deeds.
(e) Interior inspections of residences are not required, and inaccuracies involving those items will not be regarded as errors for the purposes of the audit.