Abstraction Method

The number of years that have elapsed since the completed construction of an structure; also referred to as historical age or chronological age.

A written form of an affirmed or sworn statement.

See land ratio method.

The tendency of data to cluster around some typical or central value, such as the mean, median, or mode.

A judgment of the depreciation of an improvement. Note: This is a difficult area of comparison because although the condition of the subject is known, it is difficult to know the condition of the comparable. Differences in condition may justify variances in selling prices of similar properties.

Computer Assisted Mass Appraisal (CAMA)-A system of appraising property, usually only certain types of real property, that incorporates computer-supported statistical analyses such as multiple regression analysis and adaptive estimation procedure to assist the appraiser in estimating value. Additionally: A system for assessing real and personal pro [..]

Sharing a property boundary; adjacent.

A covenant is a promise written into a legal agreement (such as a deed) that binds the parties to abide by or refrain from certain acts. A deed restriction can also be a special kind of covenant.

Information expressed in any of a number of ways. " Data" is the general term for masses of numbers, codes, and symbols generally, and "information" is the term for meaningful data.