“Complex property” defined. “Complex property” means residential property which:
1. Is atypical for the marketplace in which it is located based on, without limitation, such factors as:
(a) The architectural style of the property;
(b) Special improvements made to the property;
(c) The size of the lot;
(d) The use of the property;
(e) Environmental factors related to the property; and
(f) Ownership of a partial interest in the property; and
2. Requires techniques to be used other than a simple comparison of sales or an analysis of cost or income in order to produce a reliable appraisal of that property.
Last modified: February 27, 2006