Okla. Admin. Code § 710:10-10-45
Current through Vol. 41, No. 24, September 3, 2024
Section 710:10-10-45 - Sales questionnaire(a) The county shall develop a comprehensive sales data collection program using the latest approved sales questionnaire. Any correspondence which accompanies the sales questionnaire shall define the purpose and intent of the questionnaire in a manner which fully and completely promotes its effectiveness. This questionnaire and other data may be mailed to at least one or more data sources, including those set out in (1) through (8) of this subsection:(1) Buyers of real estate.(2) Sellers of real estate.(3) Real estate brokers or agents.(4) Mortgage companies or other lending institutions.(6) Real estate appraisers.(7) Attorneys and other third parties who have knowledge of the transaction.(8) Real estate sales listings.(b) The sales questionnaire phase shall be on-going throughout the visual inspection cycle and shall be listed in the plan. Sales questionnaires should be sent as soon as possible (generally, within two or three weeks) after being notified of the sale. A follow-up questionnaire is recommended if no response is received within 30 days.(c) When in the field, a detailed interview shall be conducted (when possible) with the resident, in-lieu of an interior inspection of each home. During field inspections, when data is in doubt and no one is home, an attempt should be made to gather additional information. In most cases, an interior inspection may be performed when a new house is under construction.(d) Since the data collection process occurs over an extended period and property characteristics may change during that period, a sales data maintenance program shall be established. C.A.M.A. sales files shall be maintained at all times. The principle means of data maintenance shall be monitoring building permits issued in the county. If permits are not available, other monitoring means shall be set up.(e) Each county assessor shall utilize the information gathered from the visual inspection of real property conducted during each year of the four-year cycle, 68 O.S.1991, §2829(C).Okla. Admin. Code § 710:10-10-45
Added at 14 Ok Reg 2670, eff 6-26-97; Amended at 15 Ok Reg 3451, eff 7-11-98