Appendix_2_-_Quinault_Rule_Set.pdf

Label Definition, Source or Purpose GRANTOR Seller as per recording instrument GRANTEE Buyer as per recording instrument SALE DATE Recording date (unless contract date or consummation is known and is several months prior to recording) SALES PRICE Purchase price as reported on recorded instrument (or as verified; with explanation if it does not match recording) OTHER CONTRIBUTION Value of non-real property items included in purchase price (e.g. personal property, lease, mineral estate) NET SALES PRICE SALES PRICE minus OTHER CONTRIBUTION DEEDED ACRES Total acreage transferred as per most reliable source (e.g. survey or plat map) NET $ / ACRE NET SALES PRICE divided by DEEDED ACRES IMPROVEMENTS Y/N If Yes, brief summary (e.g. residence, barn, fencing, etc) IMPROVEMENTS VALUE Assessed value of improvements AT TIME OF SALE FINANCING Type of financing for transaction (e.g. was there seller financing involved not at typical terms?)

FINANCING ADJUSTMENT As a percentage of the NET SALE PRICE or dollar amount (e.g. +X% for terms if seller discounted the price for an all cash offer) CASH EQUIVALENT (CEV) PRICE NET SALES PRICE minus any FINANCING ADJUSTMENT and/or IMPROVEMENTS VALUE CEV $ / ACRE CEV PRICE divided by DEEDED ACRES SOURCE TYPE Source type of the data verification/confirmation (e.g. buyer, seller , agent, attorney, appraiser) SOURCE NAME Name of SOURCE TYPE (name of individual providing confirmation) MOTIVATION Always enter data where known (e.g. arm's length, buyer is adjacent property owner, distressed sale) BUYER'S INTENDED USE Does the buyer intend to continue existing use? Expansion? Develop the site?

PRIMARY LAND USE Must be largest Land Use type identified in Land Mix Analysis section LEGAL ACCESS Is there legal access to the property? (Y/N) PHYSICAL ACCESS Type of road access (PVD, GVL, TRL or NON) UTILITIES Identify existing utilities (POW, SEP and/or H2O) H2O can include domestic well. Is POW available nearby? = POW WELL Is there a well for Irrigation or Stockwater purposes? How many? (e.g. coded: IRR-1 and/or STW-2) LIVESTOCK WATER Other than well source. (Y/N) If Yes, define source (RIV, CRK, SPR or OTH-define) IRRIGATION TYPE Other than well source. (Y/N) If Yes, define source (CNL, RIV, CRK or OTH-define) WATERFRONT FF Water frontage linear feet for all waterfront properties, otherwise 0 PARCEL ID # Unique Parcel Identifier provided by the local jurisdiction DOC TYPE Type of instrument used for recording the sale RECORDING ID # Recording sequence # from the Recorder's Office (located on recorded document) LEGAL DESCRIPTION From Recorded Instrument DOM Marketing time if known PRIOR SALE DATE If known - only within prior three years of current sale date PRIOR CEV (Cash Equivalent) PRICE If known - only within prior three years of current sale date ENCODER'S INITIALS Unique Initials of Person confirming this sale ENCODING DATE Month/year the data was verified

IRRIGATED Total Irrigated Crop Acreage $/Acre Allocation IRRIGATED value per acre allocated by either buyer or seller if known

DRY CROP Total Non-Irrigated Crop Acreage $/Acre Allocation DRY CROP value per acre allocated by either buyer or seller if known

IMPROVED PASTURE Total Improved Pasture Acreage $/Acre Allocation IMPROVED PASTURE value per acre allocated by either buyer or seller if known

NATIVE RANGE Total Native and Unimproved Acreage (not suitable for pasture or crop) $/Acre Allocation NATIVE RANGE value per acre allocated by either buyer or seller if known

CRP Total Acreage encumbered by a Conservation Reserve Program contract $/Acre Allocation CRP value per acre allocated by either buyer or seller if known

RURAL RESIDENTIAL Total Acreage used for Residential purposes $/Acre Allocation RURAL RESIDENTIAL value per acre allocated by either buyer or seller if known

RECREATIONAL Total Acreage used for Recreational purposes $/Acre Allocation RECREATIONAL value per acre allocated by either buyer or seller if known

TIMBER Total Forested/Timber Acreage $/Acre Allocation TIMBER value per acre allocated by either buyer or seller if known

LOW UTILITY Total Acreage comprised of road right-of-ways, badlands, etc. (no development potential) $/Acre Allocation LOW UTILITY value per acre allocated by either buyer or seller if known

LAND USE / DEEDED ACRES Check Land Use acreage equals total Deeded Acres EFFECTIVE SIZE Only if purchase was based on useable area smaller than gross acreage (What were the determining land uses, acreages and price)

Any additional comments about transaction, parties involved, value or property characteristics Was any portion leased ot the time of sale? Did that affect value either way? What was the contributory value or detriment?

QUINAULT NATION

Comments

Land Mix Analysis (at Time of Sale):

All data must be provided in the electronic "Rule Set Collection Form ".

Plat maps or surveys to be provided for all sales without a simple aliquot PLSS legal description.

County Transfer Document sheets to be provided from all counties - this shows the acreages.

Building/Property Record Cards must be provided for all improved properties, as well as the assessed values of the improvements at the time of sale.

DATA COLLECTION STANDARDS

Electronic copies of the Deed of Trust must be attached to every sale record on the "Rule Set Collection Form ".

Electronic “Rule Set Collec on Form”

Sample Screens