1.Personal Property Comparable Searches #

1.1.Setting Comparable Personal Property Search Default Load Options #

Purpose

Use this procedure to set the default field values to load from the subject when searching for comparable personal properties, and then to set the acceptable range of variance from the subject values.

Prerequisite

  • The PACS Administrator > Personal Property Comparable Load user right is assigned to your ID.

Procedure

  1. In PACS.ADMIN, choose Tools > Comparable Property > Personal Property.
  2. In the Comparable Load Criteria – Personal Property dialog box, select the Use option next to the name of each field to load from the subject to the search criteria.

    Personal Property, Admin Comparable Load Criteria, Personal Prop 001

  3. If required, specify the amount or percentage of permitted deviation from the corresponding subject property values.
  4. Click Apply to save your changes. Click OK to save and close the dialog.
Last updated on June 11, 2021

1.2.Searching for Comparable Personal Properties #

Purpose

Use this procedure to search for and identify personal properties that are comparable to a subject property.

Prerequisites

  • The PACS Administrator > Personal Property Comparable Load user right is assigned to your ID.

Procedure

  1. In PACS 9.0, access the Comparable Search Wizard in one of the following ways:
    • Choose Activities > Business Personal Property > NAICS Comparative Analysis
    • From the Property view, click Commands > NAICS Comparative Analysis
  2. If a subject property is not preloaded, choose the Year to draw comparable values from and click Load to search for and select a personal property. Clicking Clear in the Comparable Search Wizard allows you to choose new search options.

    Personal Property, Comparable NAICS Search Wizard, pg0001 001

  3. If needed, choose the desired search fields from the Search Field column drop-down lists. Then, in the same row, enter criteria or choose values from the drop-down lists.

    Note In some instances, a field can accommodate multiple entries separated by a comma.

  4. Click Next.
  5. The results of the search are displayed. Click column headers to arrange the results according the values, and rearrange the column order as needed. Highlight an ID and click Details to open the property view. Values for selected records display below the results.

    Personal Property, Comparable NAICS Search Wizard pg0002, 001

  6. Click Back to perform another search. Click Finish to close the Wizard.
Last updated on June 11, 2021

2.Creating a Master Lease Account #

Purpose

Use this procedure to create a mater lease account under which multiple personal property accounts are listed. The master lease account owner is the recipient of all rendition and valuation notices for properties in the group. Otherwise, the included properties are stored in the system like other personal properties.

Note The master lease may be useful when, for example, a company has property, such as soda vending machines, leased out for use in various locations.

Prerequisites

  • The following user rights are assigned to your ID:
    • Activities> Business Personal Property > Create Master Lease
    • Activities> Business Personal Property > Change Master Lease Properties
  • The year is uncertified.
  • Master Lease options are enabled on your system. (Contact TA Support to have the options enabled.)

Procedure

  1. In PACS 9.0, choose File > New > Master Lease Account.
  2. In the Master Lease Account dialog box, click Search to locate and choose a single owner for the account.

    Personal Property, Master Lease Account dialog, 9034x, 001

  3. Enter a “Doing Business As” (DBA) name and Legal Description for the account.
  4. In the Properties grid, click Add to open the Property Search Wizard and choose properties to add to the master lease.

    Note

    – When a property belongs to a master lease, a notification displays in the property header.

    – Open the master lease from the Property level through Commands > Master Lease Listing.

    – Properties with an owner listed who is not the master lease owner can be added.

  5. To open on the listed properties, highlight the property and click Details .
  6. To remove a listed property, highlight the property and click Delete.
  7. To generate the personal property rendition report for this lease group, click Print Rendition Listing.
  8. To print appraisal cards all selected properties, select the desired properties and click Print Card.
  9. To print property letters, select the properties for which correspondence is required and click Print Letter.
  10. Click Apply to save your changes. Click OK to save changes and close the dialog.
Last updated on June 11, 2021
Suggest Edit