The Company must ensure that the minimum standards of the Georgia Department of Revenue are met each year as it pertains to compliance with all required assessment studies (maintaining market level and uniformity) and mass appraisal ratio
analysis; except when compliance with State or local legislation may prohibit it etc.
He presents the weighted repeat sales method and sale price appraisal ratio
(SPAR) method for constructing house price indexes in the Netherlands; explains the factors affecting development of house prices and a house price model; and discusses supply, the relationship between house prices and the business cycle, and economic growth and price quality.
They derive the mean--variance optimal portfolio in this case and show that the optimal deviations from the benchmark holdings for each security depend on the "Appraisal Ratio
They employ two performance measures: the alpha and the appraisal ratio
, with the latter measure being leverage-invariant.
The comparisons, together with the investor appraisal ratios
(price/earnings, price/book value, and dividend yield) of the comparable companies' common shares, provide the basis for determing the hypothetical freely traded value of the company's stock.