Section 5: Property Characteristics

A parcel is an imaginary boundary used to identify pieces of land. This means that when dividing a large area of land into smaller sections, each section is referred to as a parcel. Parcels are commonly used in real estate and property ownership to define specific boundaries and legal descriptions of land. By using parcels, it becomes easier to identify and manage different pieces of land, allowing for more efficient land use and ownership.

Acres is the correct answer because it is a commonly used unit of measurement for land. It is especially used in countries like the United States to measure large areas of land, such as farms or ranches. Acres provide a more meaningful measurement for land as it represents a significant amount of area, making it easier to understand and compare different plots of land.

The statement suggests that a parcel number typically contains six digits and often times numbers. However, this is contradictory as a parcel number cannot contain both six digits and often times numbers. Therefore, the correct answer is False.

The correct answer is 0.125 because 5,480 square feet is equivalent to 0.125 acres.

The statement is false because parcel numbers are not formatted similarly across counties. Each county may have its own unique format for assigning parcel numbers based on their own systems and requirements. Therefore, there is no standardized format for parcel numbers that applies universally across all counties.

The phrase "parcels are not static" means that parcels can be changed from their original boundaries and assigned a different number. This implies that the boundaries and numbering of parcels are not fixed or permanent, and can be altered or modified as needed. It suggests that parcels are not necessarily tied to a specific geographical location or land ownership, but can be adjusted or redefined over time.

The correct answer is "Sometimes" because the mailing address is not always the same as the property address. In certain cases, individuals or organizations may have a separate mailing address for various reasons such as privacy, convenience, or business purposes. However, in many instances, the mailing address and property address are indeed the same.

Site characteristics refer to a series of attributes that are unique to each property. These attributes can include factors such as the size, shape, topography, soil conditions, access to utilities, zoning regulations, and any other physical or environmental features that define a particular site. By understanding the site characteristics, individuals or organizations can make informed decisions about the suitability of a property for a specific purpose, such as development or investment.

The year built date refers to the year in which the parcel's construction began or was completed. In this case, the improvement built in 1966 is considered the year built date because it was the first improvement to be built. The improvements built in 1980 and 1981 are subsequent additions to the parcel.

Improvement on land refers to any structure or development that enhances the value or utility of the land. A hotel building, self-storage facility, and a family home all qualify as improvements on land as they are constructed buildings that provide various services or accommodations. A gold mine, on the other hand, does not qualify as an improvement on land as it involves extracting resources from the land rather than enhancing its value through construction or development.

Assessors commonly use the term "Improvements / Structures" to describe a building on a parcel of land. This term refers to any permanent structures or improvements made to the land, such as buildings, houses, or other man-made structures. It distinguishes these structures from the land itself, which is referred to as "Real Estate."

The correct answer is "space located inside buildings." Improvement square feet measures the amount of space that is located inside buildings. This measurement is used to determine the size and value of the usable space within a property. It does not measure the distance of the property, the amount of improvement in the overall quality of the land, or the property value as a whole.

Counties use the terms APN, Tax ID Number, and Parcel Identification Number to describe parcels. These terms are alternative names or identifiers used by counties to refer to specific parcels of land. The APN is an abbreviation for Assessor's Parcel Number, which is a unique number assigned to each parcel for tax assessment purposes. The Tax ID Number is another identifier used by counties to track and manage tax-related information for parcels. The Parcel Identification Number is a general term used to describe any unique identifier assigned to a parcel by the county.

County officials and documentation use several items to describe the location of real property. The parcel number is one such item, which is a unique identifier assigned to a specific piece of land. The legal description is also used, which provides a detailed written account of the property's boundaries and characteristics. Additionally, the property address is used as a means of identifying the location of the property. Therefore, the correct answers for this question are Parcel Number, Legal Description, and Property Address.

The physical address of a property can be correctly identified by the terms "Property Address" and "Situs Address". The property address refers to the specific location of the property, including the street name and number. The situs address, on the other hand, refers to the address where the property is physically located. Both terms accurately describe the physical address of a property.