1.Recording Sales Confirmation #

Purpose

Use this procedure to update the ownership history of a property after the confirmation of a sale.

Prerequisites

  • In order to perform this procedure, the following user right is required:
    • Property > Property Ownership > Record Sales
  • Sales Confidence Level codes have been set up in Tools > Code File Maintenance > Sales > Confidence Level Code.

Procedure

  1. Choose Activities > Record Sales Confirmation.
  2. In the Property Search dialog box, search for the property that is included in the confirmation of sale by entering Property Information, Geo & Ref Information and/or Taxpayer Information. Use the Search Options to narrow or broaden the results based on preference. Click the Secondary Criteria and Other Criteria buttons to search for the property using situs, abstract/division or previous taxpayer information.

    Property Search Dialog Box

  3. Click Next.
  4. In the Property Search Results dialog box, select the property that is included in the confirmation of sale and click Next.
  5. In the Ownership History Record Position dialog box, select the owner record to be associated with the confirmation of sale and click Next.
  6. In the Sale Confirmation Page dialog box, complete the following options as required:
    • By

      The person that confirmed the sale.

    • Date

      The date the sale was confirmed.

    • Source

      The method by which the sale is confirmed.

    • Sale Price

      The sale price.

    • Buyer Confidence Level

      The reliability of the source of sales information.

    • Seller Confidence Level

      The reliability of the source of sales information.

    • Comments

      Any comments regarding the sales confirmation.

Result

Information about the sale of the property records selected, which are associated with a deed, is stored in the system.

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