- (a) Residential neighborhood boundaries shall be displayed on city or county maps as appropriate.
(b)
- (1) A narrative description of each boundary line for each neighborhood shall be on file at the appraisal manager’s office.
- (2) In addition, a printout of the sales database used in determining the boundaries shall be kept in the same file.
(c)
- (1) Residential neighborhoods that may be defined due to physical, economic, governmental, or social factors without the benefit of property sales are allowed.
- (2) However, the narrative description of each boundary line shall include a statement outlining the physical, economic, governmental, or social factors that led the appraiser to conclude the boundary location.
Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "Adopted 10/01/99"