I'll admit my ignorance top top this one....I am doing a testimonial where the initial appraiser supplies the acronym MOL where ever he referrals site dimension in acres, i.e. 0.23 AcresMOL. I don't find any type of reference or details on this in any of the Harrison or Appraisal Institute books I have. Over there is a ax in mathematics.....Method of Lines....does that have anything to do with it?MS


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Doesn't kown the dimension of the acreage/lot and too damm lazy to go to the court house and also pull the data. Oh, forgive me, the AMC demands it now and also I don't have the time to execute the crucial research dubbed for, so I just guess at it a bit.Same as utilizing +/-.Just just how does the appraiser know just how much to adjust for if they don't recognize the size of the lot of or acres. I simply finished up an appraisal whereby the lot/acreage values for the comparables ranged indigenous $1.27 sq.ft. Approximately $113.59 a sq.ft and the subject was at $64.24 a sq.ft. All on the exact same lake. Have the right to sure do a lot of of difference in girlfriend adjustments and also value.
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O.K., gained it. I had just assumed it would be something an ext "technical" or one "officially" welcomed term in ~ the appraisal profession, stupid me. I still have difficulty understanding why who feels they need to +/- website sizes the county has in digital public records down to one/one-hundreths of an acre.Makes me think there space times I could use/and referral the old "TeeLAR" method which to be so famous when I was in the military...as in "That Looks around Right".MS
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The signs +/- needs to offered for every website size, also if you obtain the site area from the registered land surveyor the surveyed the lot. A competent, knowledgable, honest registered soil surveyor will have +/- in the legitimate description. Assessment personel, location companies, attorneys room not generally registered soil surveyors, thus their calculations may not it is in accurate.


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Thanks Jo Ann.That's the means I to be trained, although the explanation as to why was no as comprehensive as yours.It's also a way for the appraiser come CYA! exactly imprecise.