TITLE 16. TAX APPEALS
CHAPTER 4. STATE BOARD OF EQUALIZATION
(Authority:  A.R.S. § 42-172.01 et seq.)
ARTICLE 1. GENERAL PROVISIONS
Section
R16-4-101. 	Definitions
R16-4-102.	Appeal Forms and Filing Procedures
R16-4-103.	Rules of Evidence
R16-4-104.	Motions and Pleadings 
R16-4-105.	Proof of Service by the Assessor or the Department
R16-4-106.	Subpoenas
R16-4-107.	On-the-record Hearing
R16-4-108.	Transcripts and Records of Proceedings
R16-4-109.	Order of Hearing Procedure
R16-4-110.	Testimony under Oath
R16-4-111.	Request for Additional Information
R16-4-112.	Withdrawals
R16-4-113.	Decisions of the Board
Exhibit A.	Petition for Review of Property Valued by the Department of Revenue
Exhibit B.	Income and Expense Statement
ARTICLE 1. GENERAL PROVISIONS
R16-4-101.	Definitions
In this Article, unless the context otherwise requires:
1. 	“Appeal” means petition.
2. 	“Appealed property” means the property which is the subject of the appeal.
3.	“Assessor” means the county assessor of the county where the property is located.
4.	“Board” means the Board of Equalization, or any Board Member, hearing officer or panel thereof authorized to act on behalf of the Board pursuant to A.R.S. §§ 42-172.01 or 42-172.02.
5.	“Chairman” means the Chairman of the Board of Equalization.
6.	“Department” means the Department of Revenue.
7.	“Hearing officer” means a person appointed by the Chairman to hear an appeal.
8.	“On-the Record” means a hearing where evidence is reviewed by the Board without oral testimony.
9.	Petitioner means the person or entity who qualifies to file the appeal and appear before the Board.
10. 	“SBOE” means Board of Equalization.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-102. 	Appeal Forms and Filing Procedures
A. 	All appeals and other pleadings filed with the Board shall be typewritten or legibly written.
B. 	All appeals filed with the Board shall comply with statutory requirements.
C. 	All appeals filed pursuant to A.R.S.§ 42-221 shall be commenced by filing a copy of the form prescribed in that section that was filed with the assessor together with a copy of the assessor’s decision.
D.	All appeals filed pursuant to A.R.S. § 42-606 shall be commenced by filing a copy of the form prescribed in A.R.S. § 42-604 that was filed with the assessor.
E.	All appeals filed pursuant to A.R.S. § 42-179.03 shall be filed on the form prescribed in that section.
F.	In all appeals of property which is valued by the Department the petitioner shall submit the 	Board’s appeal form TA-200/84 attached as Exhibit A. (TA-200/84 forms may be obtained from the State Board of Equalization.)
G.	 An appeal is deemed filed either:
1. 	On the date the appeal is received by the Board; or
2. 	As of the date the appeal is postmarked by the United States Postal Service, whichever is earlier.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-103.	Rules of Evidence
A.	To present evidence of the income approach to value for property valued by the Assessor, the petitioner shall complete and file the appropriate Income and Expense Statement on a the form DOR 82300 (Revised 7/95) attached as Exhibit C. The statement shall be filed with the SBOE and the County Assessor no later than 5 working days prior to the hearing. (DOR 82300 forms may be obtained from the Department or your local Assessor’s office.)
B.	Reproductions shall be admitted in evidence or substituted in place of the original documents upon a proper showing of foundation.
C.	The rules of evidence shall not be strictly enforced and any evidence that is relevant may be allowed.
D.	To present exhibits at hearing of property valued by the Department, all parties shall first submit those exhibits to the SBOE and to the opposing party or their counsel no later than 3 working days prior to the hearing.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-104.	Motions and Pleadings
A.	All motions or pleadings shall be served on all other parties with a proof of service.
B.	The Chairman shall determine if a motion should be heard prior to a hearing, the Chairman may designate a Board Member or hearing officer or assign a panel to hear such a motion. The panel hearing the motion need not be the same panel hearing the appeal.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-105.	Proof of Service by the Assessor or the Department
When the Department or the Assessor is the petitioner, Proof of Service of the appeal on the respondent or his/her attorney shall be filed with the Board prior to the hearing.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-106.	Subpoenas
A.	Upon request by any party to a proceeding before the Board, or by request of the Board, the Chairman of the Board may issue subpoenas for the attendance of witnesses, for the production of books, records, documents and other evidence as may be required. Except where the subpoena is issued at the Board’s request, a subpoena shall be served on behalf of and at the expense of the person requesting it.
B.	Such subpoenas shall command the designated witness to appear and testify or to produce records at a specified time and place.
C.	Subpoenas shall be served by the requesting party no later than 5 working days prior to the time specified for the production of records or witnesses.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-107.	On-the-record Hearing
The parties may stipulate an appeal be heard On-the-record.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-108.	Transcripts and Records of Proceedings
Any party may employ, at his/her own expense, a court reporter or may utilize a recording device to record the proceedings.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-109.	Order of Hearing Procedure
The order of hearing procedure before the Board shall be as follows:
1. 	Opening statements, if requested by the Board;
2. 	Presentation of testimony and evidence by the petitioner;
3. 	Presentation of testimony and evidence by the respondent;
4.	Presentation of testimony and evidence by other parties to the proceeding;
5.	Final arguments, if requested by the Board.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-110.	Testimony Under Oath
All testimony in proceedings before the Board shall be given under oath or by affirmation.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-111.	Request for Additional Information
The Board, or a hearing officer, may request any party to a proceeding to furnish information in their possession or control as the Board or hearing officer deems necessary.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-112.	Withdrawal
The Board shall allow the withdrawal of an appeal at any time prior to the conclusion of the hearing if there is no objection by a party or by the Board to the request for withdrawal. If there is an objection, the Board may in its discretion allow the withdrawal.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
R16-4-113.	Decision of the Board
All decisions of the Board shall include:
1.	The Board’s docket number.
2.	The Assessor’s parcel identification number or roll number.
3.	The Board’s decisions with respect to property valuation and classification.
4. 	Other matters properly before the Board.
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).

Exhibit A.  Petition for Review of Property Valued by the Arizona Department of Revenue
Petitions must be filed on or before the fourth Monday in June or within fifteen (15) days of the date the Department mails the valuation of the property to the Petitioner, whichever date is later.  A petition is deemed filed either (1) when actually received by the Board or (2) as of the date of the United States Postal Service postmark.  All exhibits to be entered into the record at the time of the hearing must be exchanged between the parties and four (4) copies provided to the Board three (3) work days prior to the hearing.
Statutory time constraints require that hearings be scheduled on short notice.  Therefore Petitioner should call the Board as soon as they decide to appeal so that a hearing date may be scheduled to best accommodate witness and travel requirements.  Appeals by Private Car Companies are governed by A.R.S. § 42-745.01.
__________________________________________________________________________________________
Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).
STATE BOARD OF EQUALIZATION
1501 W. WASHINGTON, SUITE #221
PHOENIX, ARIZONA 85007
5)
Basis for this Petition:	______________________________________________________________________________________________________________
________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________
	FILING AUTHORITY AND GENERAL INFORMTION:

		ARS § 42-145: Annual June property valuation notification pursuant to ARS § 42-145(B) or (C).

		ARS § 42-149: Property revalued after the third Monday in June on the basis of an error, omission or defect in form.

		ARS § 42-745.01: Private car companies.  Petition must be RECEIVED by the State Board by December 1.  Hearings will be held Monday through Wednesday prior to December 10.  Exhibits must be exchanged between parties and copies provided to the Board before noon on the Friday preceeding the hearing.

6)	I HEREBY AFFIRM UNDER OATH THAT THE FOREGOING INFORMATION IS TRUE AND CORRECT.

________________________________________________________________________________________________________________________________
SIGNATURE OF OWNER OR AUTHORIZED ATTORNEY															PRINT NAME IF DIFFERENT FROM ITEM 1 ABOVE

________________________________________________________________________________________________________________________________
ADDRESS IF DIFFERENT FROM ITEM 1 ABOVE															TELEPHONE

________________________________________________________________________________________________________________________________
CITY											STATE										ZIP CODE

								Send Top Three
								Copies To:
TA 200/84
3)	DATE OF DECISION BY THE DEPARTMENT OF REVENUE											________________________________________________________________________

					Full Cash				Limited Property					Personal Property					Legislative				Assessment
4)					  Value				       Value						Value				   Class				      Ratio

	Petitioners			$					$					$
	    Value

	Department of	$					$					$
	Revenue Value
2)	USE OF THE PROPERTY
	(mine, railroad, pipeline, etc.)
1)	
					PROPERTY TAX
_____________________					NUMBER			____________________
DATE

_____________________________________________________________
NAME (AS LISTED ON TAX ROLL)								PLEASE PRINT OR TYPE

_____________________________________________________________	(_______)____________________________
ADDRESS													TELEPHONE: PRIMARY

_____________________________________________________________	(_______)____________________________
CITY					STATE				ZIP CODE				TELEPHONE: ALTERNATE

Exhibit B.	Income and Expense Statement
INCOME AND EXPENSE STATEMENT
Pursuant to A.R.S. § 42-108, 42-221, 42-236 & 42-241.01
CONFIDENTIAL
•	The information submitted herein is confidential and may be utilized only by the valuation authorities involved in the administrative appeals process and by the Department of Revenue for statistical purposes.
•	Complete the income and expense information where applicable.  Please type or print.
See reverse side for complete instructions.

DATE	 ____________________						COUNTY		 ____________________					BOOK __________				MAP __________				PARCEL __________
IF THIS IS A MULTIPLE PARCEL APPEAL CHECK HERE											
	AND ATTACH A LIST OF OTHER PARCELS.

	CHECK PROPERTY TYPE
		APARTMENT										OFFICE/SHOPPING CENTER/RETAIL									MINI-STORAGE WAREHOUSE
		INDUST PARK/MFG/DIST WAREHOUSE										MOBILE HOME/RV PARK									HOTEL/MOTEL/RESORT
		OTHER (MULTI-PURPOSE FORM)
OWNER’S NAME	_____________________________________________________________________
ADDRESS	___________________________________________________________________________
CITY	___________________________________								STATE	___________________					ZIP	______________
TELEPHONE 	(       ) _________________________________
PROPERTY ADDRESS				_________________________________________________________________
PRIOR YEAR PROPERTY TAXES	$ _____________________________________
____________________________________________________________________________________________________________________________
PROVIDE THE FOLLOWING DATA IF THE PROPERTY HAS BEEN PURCHASED OR CONSTRUCTED WITHIN THE LAST 3 YEARS.
MARKET DATE											DATE				COST DATA									DATE
PURCHASE AMOUNT						$ _______________					_______________				LAND COST			$ _________________						________________
LESS PERSONAL PROPERTY	     _______________										_______________				BLDG COST			   _________________						________________
REAL PROPERTY AMOUNT						$ _______________					_______________				TOTAL COST			$ _________________

MORTGAGE TERMS:
	AMOUNT $ _______________________								INTEREST RATE _______________							LENGTH OF MORTGAGE ____________________ YEARS

Explain any unusual circumstances or conditions regarding the acquisition of the property in the following space.
	_______________________________________________________________________________________________________________________
	_______________________________________________________________________________________________________________________
	_______________________________________________________________________________________________________________________
	_______________________________________________________________________________________________________________________
	_______________________________________________________________________________________________________________________
	_______________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________
AFFIDAVIT (Pursuant to A.R.S. § 42-221)
I, __________________________________________, hereby affirm under penalty of perjury that I have reviewed the information contained in this document and any supplemental documents attached and that it is true and correct to the best of my knowledge.  The source documents used to compile the information are located at ____________________________________________________.  The documents may be inspected by the County Assessor or the Arizona Department of Revenue in order to verify data submitted herein.

														SUBSCRIBED AND SWORN BEFORE ME
____________________________________________________														THIS _______ DAY OF ____________________, 199______
SIGNATURE OF OWNER OR REPRESENTATIVE														MY COMMISSION EXPIRES
														ON _______ DAY OF ____________________, 199______

														_________________________________________________________
														NOTARY PUBLIC
DOR 82300 (7/95)

APARTMENTS

	TOTAL NUMBER OF UNITS									=	______________________________										UTILITIES PAID BY:
	NUMBER OF STUDIO UNITS									=	______________________________											
	OWNER
	NUMBER OF 1 BEDROOM UNITS									=	______________________________							
	NUMBER OF 2BR/1BA UNITS									=	______________________________												TENANT
	NUMBER OF 2BR/2BA UNITS									=	______________________________							
	NUMBER OF 3 BEDROOM UNITS									=	______________________________

CURRENT RENT SCHEDULE

UNIT TYPE					NUMBER FURN.						RENT PER MONTH						NUMBER UNFURN.						RENT PER MONTH

STUDIO					____________________						____________________						____________________						____________________
1 BEDROOM					____________________						____________________						____________________						____________________
2 BR/1BA					____________________						____________________						____________________						____________________
2 BR/2BA					____________________						____________________						____________________						____________________
3 BEDROOM					____________________						____________________						____________________						____________________
TOTAL					____________________						____________________						____________________						____________________

ADDITIONAL INFORMATION/REMARKS:

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATE SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
MISCELLANEOUS/OTHER INCOME													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-1 (7/94)																										1 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

82300-1 (7/94)																										2 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENT/REPAIRS

	INTERIOR PAINTING											_________________					_________________					_________________
	EXTERIOR PAINTING											_________________					_________________					_________________
	ROOF COVERING											_________________					_________________					_________________
	HEATING & COOLING											_________________					_________________					_________________
	FLOOR COVERING											_________________					_________________					_________________
	APPLIANCES											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

					TOTAL OF ALL EXPENSES						=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
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______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
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82300-1 (7/94)																										3 of 3

OFFICE BUILDING/SHOPPING CENTER/RETAIL STORE

LEASABLE AREA:  GROSS SQUARE FEET	=								____________________					NET SQUARE FEET	=				____________________
TYPE OF LEASE:  NET				____________________						GROSS		____________________					MODIFIED GROSS				____________________
NOTE:  PROVIDE ADDITIONAL LEASE INFORMATION ON THE ATTACHED TENANT LIST.

POTENTIAL CHARGES TO TENANTS:										TENANT PAYS					OWNER PAYS

COMMON AREA MAINTENANCE										__________					__________
TAXES										__________					__________
INSURANCE										__________					__________
MANAGEMENT										__________					__________
UTILITIES										__________					__________

IF THERE ARE ANY ESCALATION CHARGES, SPECIFY ACCORDINGLY ON TENANT LIST PAGE.

IS SUBJECT PROPERTY OWNER OCCUPIED:										YES			NO			PARTIAL

IF PARTIAL OWNER OCCUPIED, ENTER THE SQUARE FOOTAGE OF THE ARE OCCUPIED BY THE OWNER ON THE TENANT LIST.  _______
______________________________________________________________________________________________________________________________

ADDITIONAL INFORMATION/REMARKS
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATA SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS (ACTUAL)													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
CHARGES TO TENANTS													+_______________					________________					________________
OVERAGE RENTS													+_______________					________________					________________
OTHER INCOME (SERVICE, MISC., ETC.)													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-2 (7/94)																										1 of 4

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

82300-2 (7/94)																										2 of 4

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENT/REPAIRS

	INTERIOR PAINTING											_________________					_________________					_________________
	EXTERIOR PAINTING											_________________					_________________					_________________
	ROOF COVERING											_________________					_________________					_________________
	HEATING & COOLING											_________________					_________________					_________________
	FLOOR COVERING											_________________					_________________					_________________
	ELEVATOR / ESCALATOR											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

					TOTAL OF ALL EXPENSES						=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

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TENANT LIST

NAME OF TENANT	TOTAL SQ.
FT.	FROM
MO./YR.	TO
MO./YR.	1ST
YEAR RENT	AVG. ANNUAL
INCREASE	CURRENT RENT	
Owner Occupied							

							

							

							

							

							

							

							

							

							

							

							

NOTE:  Use additional form, if necessary.

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MOBILE HOME/RV PARKS

	TYPE OF SPACE							# OF UNITS				UTILITIES INCLUDED						MONTHLY RENT					ANNUAL RENT
														Y/N
	SINGLE WIDE							__________					__________					    __________					   __________
	DOUBLE WIDE							__________					__________					    __________					   __________
	TRAVEL TRAILER/RV							__________					__________					    __________					   __________
	
	TOTAL						=	__________					__________					    __________					   __________

ADDITIONAL INFORMATION/REMARKS:

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATE SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
MISCELLANEOUS/OTHER INCOME													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-3 (7/94)																										1 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

82300-3 (7/94)																										2 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENT/REPAIRS

	HEATING & COOLING											_________________					_________________					_________________
	ROOF COVERING											_________________					_________________					_________________
	FLOOR COVERING											_________________					_________________					_________________
	PAVING											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

82300-3 (7/94)																										3 of 3

HOTELS-MOTELS-RESORTS

TOTAL # OF ROOMS: ______							RESTAURANT:  (Y/N) _______							LOUNGE: (Y/N) _______						MEETING ROOMS: (Y/N) _______
ANNUAL OCCUPANCY RATE FOR THE PAST (3) YEARS:  199______   _______%     199______   _______%   199______   _______%
ATTACH COPY OF CURRENT ROOM/RENT RATES, IF AVAILABLE.

ADDITIONAL INFORMATION/REMARKS:

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATE SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS (ACTUAL)													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
FOOD/BEVERAGE INCOME													+_______________					  _______________					  _______________
TELEPHONE INCOME													+_______________					  _______________					  _______________
OTHER INCOME (SERVICE, MISC., ETC.)													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-4 (7/94)																										1 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

82300-4  (7/94)																										2 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENT/REPAIRS

	INTERIOR PAINTING											_________________					_________________					_________________
	EXTERIOR PAINTING											_________________					_________________					_________________
	ROOF COVERING											_________________					_________________					_________________
	HEATING & COOLING											_________________					_________________					_________________
	FLOOR COVERING											_________________					_________________					_________________
	PAVING											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

					TOTAL OF ALL EXPENSES						=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
_____________________________________________________________________________________________________________________________

82300-4 (7/94)																										3 of 3

MINI-STORAGE WAREHOUSE

Property Name:			____________________________________________________________________________________________________

Total Number of Units:				____________________

			UNIT SIZES										RENT PER MONTH								NUMBER OF UNITS

__________ ft.			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________
__________ ft. 			x	__________ ft.									$ _______________								_________________

Does manager live on site?  Y/N __________

ADDITIONAL INFORMATION/REMARKS:

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATE SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
MISCELLANEOUS/OTHER INCOME													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-5 (7/94)																										1 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

82300-5  (7/94)																										2 of 3

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENTS/REPAIRS

	ROOF COVERING											_________________					_________________					_________________
	PAVING											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

					TOTAL OF ALL EXPENSES						=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

82300-5 (7/94)																										3 of 3

INCOME DATA FOR:

	INDUSTRIAL PARK			MANUFACTURING		DISTRIBUTION WAREHOUSE

PROPERTY NAME:			_________________________________________________________________________________________________

FILL IN THE APPLICABLE INFORMATION FOR THE PROPERTY NAMED ABOVE:
LEASABLE AREA:  GROSS SQUARE FEET = _______________________																NET SQUARE FEET = ____________________
TYPE OF LEASE:  NET __________								GROSS __________					MODIFIED GROSS __________						Other __________ (Explain Below)
PERCENTAGE OF OFFICE SPACE = __________% OR __________ SQUARE FEET
LAND TO BUILDING RATIO = __________  PARKING RATIO = __________

POTENTIAL CHARGES TO TENANTS:												TENANT PAYS							OWNER PAYS
COMMON AREA MAINTENANCE												_____________							_____________
TAXES												_____________							_____________
INSURANCE												_____________							_____________
MANAGEMENT												_____________							_____________
UTILITIES												_____________							_____________

IF THERE ARE ANY ESCALATION CHARGES, SPECIFY ACCORDINGLY ON TENANT LIST PAGE.

IS SUBJECT PROPERTY OWNER OCCUPIED											YES			NO			PARTIAL
IF PARTIAL OWNER OCCUPIED, ENTER THE SQUARE FOOTAGE OF THE AREA OCCUPIED BY THE OWNER ON THE TENANT LIST.
_________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________

ADDITIONAL INFORMATION/REMARKS:
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATE SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS (ACTUAL)													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
CHARGES TO TENANTS													+_______________					  _______________					  _______________
OTHER INCOME (SERVICE, MISC., ETC.)													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-6 (7/94)																										1 of 4

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

82300-6  (7/94)																										2 of 4

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENTS/REPAIRS

	HEATING AND COOLING											_________________					_________________					_________________
	EXTERIOR PAINTING											_________________					_________________					_________________
	ROOF COVERING											_________________					_________________					_________________
	PAVING											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

					TOTAL OF ALL EXPENSES						=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

82300-6 (7/94)																										3 of 4

TENANT LIST

NAME OF TENANT	TOTAL SQ.
FT.	FROM
MO./YR.	TO
MO./YR.	1ST
YEAR RENT	AVG. ANNUAL
INCREASE	CURRENT RENT	
Owner Occupied							

							

							

							

							

							

							

							

							

							

							

							

NOTE:  Use additional form, if necessary.

82300-6 (7/94)																										4 of 4

MULTI-PURPOSE FORM
PROPERTY NAME:			_________________________________________________________________________________________________

FILL IN THE APPLICABLE INFORMATION FOR THE PROPERTY NAMED ABOVE:
LEASABLE AREA:  GROSS SQUARE FEET = _______________________																NET SQUARE FEET = ____________________
TYPE OF LEASE:  NET __________								GROSS __________					MODIFIED GROSS __________						Other __________ (Explain Below)
PERCENTAGE OF OFFICE SPACE = __________% OR __________ SQUARE FEET
LAND TO BUILDING RATIO = __________  PARKING RATIO = __________

POTENTIAL CHARGES TO TENANTS:												TENANT PAYS							OWNER PAYS
COMMON AREA MAINTENANCE												_____________							_____________
TAXES												_____________							_____________
INSURANCE												_____________							_____________
MANAGEMENT												_____________							_____________
UTILITIES												_____________							_____________

IF THERE ARE ANY ESCALATION CHARGES, SPECIFY ACCORDINGLY ON TENANT LIST PAGE.

IS SUBJECT PROPERTY OWNER OCCUPIED											YES			NO			PARTIAL
IF PARTIAL OWNER OCCUPIED, ENTER THE SQUARE FOOTAGE OF THE AREA OCCUPIED BY THE OWNER ON THE TENANT LIST.
_________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________

ADDITIONAL INFORMATION/REMARKS:
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

INCOME DATE SUMMARY:  Provide latest three (3) year history.

														Last Year					2 Years Ago					3 Years Ago

														199_____					199_____					199_____

POTENTIAL GROSS INCOME (100% OCCUPANCY)												=	$_______________					$_______________					$_______________
VACANCY AND COLLECTION LOSS (ACTUAL)													- _______________					  _______________					  _______________
ADJUSTED GROSS INCOME												=	  _______________					  _______________					  _______________
CHARGES TO TENANTS													+_______________					  _______________					  _______________
OTHER INCOME (SERVICE, MISC., ETC.)													+_______________					  _______________					  _______________
EFFECTIVE GROSS INCOME												=	  _______________					  _______________					  _______________
TOTAL OF ALL EXPENSES													- _______________					  _______________					  _______________
NET OPERATING INCOME												=	$_______________					$_______________					$_______________

NOTE:  You may submit any additional documents to support the income and expense information

82300-7 (7/94)																										1 of 4

EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____

FIXED EXPENSES

	PROPERTY TAXES											$________________					$________________					$________________
	ANNUAL INSURANCE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

VARIABLE EXPENSES

	MANAGEMENT/AGENT FEES											_________________					_________________					_________________
	LEASING AGENT FEES											_________________					_________________					_________________
	ADVERTISING/PROMOTION											_________________					_________________					_________________
	ADMINISTRATIVE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

UTILITIES

	GAS/ELECTRIC											_________________					_________________					_________________
	WATER/SEWER											_________________					_________________					_________________
	TELEPHONE											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

NORMAL REPAIRS & MAINTENANCE

	BLDG. MAINTENANCE & REPAIRS											_________________					_________________					_________________
	PARKING LOT & COMMON AREA											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

	SERVICE CONTRACTS											_________________					_________________					_________________
	JANITORIAL											_________________					_________________					_________________
	SUPPLIES											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

OTHER EXPENSES

	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

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EXPENSE DATA
PROVIDE 3-YEAR HISTORY
													Last Year					2 Years Ago					3 Years Ago
													199_____					199_____					199_____
MAJOR REPLACEMENTS/REPAIRS

	HEATING AND COOLING											_________________					_________________					_________________
	INTERIOR PAINTING											_________________					_________________					_________________
	EXTERIOR PAINTING											_________________					_________________					_________________
	ROOF COVERING											_________________					_________________					_________________
	FLOOR COVERING											_________________					_________________					_________________
	PAVING											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
	______________________________											_________________					_________________					_________________
									TOTAL		=	_________________					_________________					_________________

					TOTAL OF ALL EXPENSES						=	_________________					_________________					_________________

SUPPLEMENTAL INFORMATION

______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________

82300-7 (7/94)																										3 of 4

TENANT LIST

NAME OF TENANT	TOTAL SQ.
FT.	FROM
MO./YR.	TO
MO./YR.	1ST
YEAR RENT	AVG. ANNUAL
INCREASE	CURRENT RENT	
Owner Occupied							

							

							

							

							

							

							

							

							

							

							

							

NOTE:  Use additional form, if necessary.

82300-7 (7/94)																										4 of 4

Historical Note
Emergency rule adopted effective February 1, 1996, in effect for a maximum of 180 days (Supp. 96-1).