Title: West Virginia Checklist of Information for Producing Properties Evaluation: A Comprehensive Guide to Gathering Vital Data Introduction: Welcome to the West Virginia Checklist of Information for Producing Properties Evaluation, an invaluable resource for real estate agents, investors, and anyone involved in property evaluation in the picturesque state of West Virginia. This detailed checklist provides you with the essential information needed to thoroughly assess properties and make informed decisions. From zoning regulations to environmental considerations, this guide covers all the aspects you should consider when evaluating properties in West Virginia. Key Keywords: West Virginia, properties evaluation, checklist, information, producing properties, types, vital data, zoning regulations, environmental considerations. 1. Zoning Regulations and Land Use: — Understand the local zoning regulations, including permitted uses, density limitations, setbacks, and height restrictions. — Check for any special considerations such as historic districts, flood zones, or development restrictions. — Determine if the property is suitable for residential, commercial, or mixed-use development. 2. Property Title and Ownership: — Obtain the complete and accurate legal description of the property, including boundaries and easements. — Verify the chain of title to ensure a clear ownership history, free of any liens or encumbrances. — Check for any current or outstanding legal disputes related to the property. 3. Infrastructure and Utilities: — Evaluate the availability and condition of essential utilities such as water, electricity, sewer, and telecommunications. — Assess the accessibility and proximity to major transportation networks, including highways, airports, and public transport. 4. Environmental Considerations: — Conduct a thorough environmental site assessment to identify any potential contamination or hazardous materials. — Determine if there are any wetlands, protected areas, or endangered species habitats that may restrict development. — Research the property's history to identify any past uses that may have resulted in soil or groundwater contamination. 5. Market Analysis and Demand: — Analyze local market conditions to understand the demand for properties in the specific area of West Virginia. — Research current and projected market trends, property values, rental rates, and vacancy rates. — Consider factors such as population growth, employment opportunities, and economic indicators. 6. Building and Infrastructure Condition: — Assess the overall condition of existing buildings and infrastructure on the property. — Inspect the structures for structural integrity, maintenance needs, and conformity to building codes. — Evaluate the potential for renovation, expansion, or redevelopment based on the property's current state. Types of West Virginia Checklist of Information to Obtain for Producing Properties Evaluation: 1. Residential Properties Evaluation Checklist: Specifically tailored for evaluating single-family homes, condominiums, townhouses, and apartment buildings in West Virginia. 2. Commercial Properties Evaluation Checklist: Focused on assessing office buildings, retail spaces, industrial properties, hotels, and other commercial real estate assets. 3. Rural Properties Evaluation Checklist: Suitable for assessing farmhouses, ranches, and other rural properties with unique considerations such as agricultural zoning and land use. Conclusion: Utilize this comprehensive West Virginia Checklist of Information to Obtain for Producing Properties Evaluation to streamline your property evaluation process. By gathering vital data regarding zoning regulations, land use, infrastructure, environment, market analysis, and building conditions, you'll be equipped to make well-informed decisions and maximize your investment potential in the beautiful state of West Virginia.
West Virginia Checklist of Information to Obtain For Producing Properties Evaluation
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§61-6-26. Disturbing the peace. (a) It shall be unlawful for any person to disturb the peace, quiet and comfort of any neighborhood by creating any disturbing or unreasonably loud noise. (b) It is the intent of this section to prohibit all noises that are disturbing or unreasonably loud.
(a) With respect to farm property, the Tax Commissioner shall appraise such property so as to ascertain its fair and reasonable value for farming purposes regardless of what the value of the property would be if used for some other purpose, and the value shall be arrived at by giving consideration to the fair and ...
(1) For any employer to discriminate against an individual with respect to compensation, hire, tenure, terms, conditions or privileges of employment if the individual is able and competent to perform the services required even if such individual is blind or disabled: Provided, That it shall not be an unlawful ...
(A) The sheriff of the county wherein the majority of the acreage of the property is located as specified in the deed to such property, shall collect, on a monthly basis, all moneys derived from the fee of one and one quarter percent of the gross revenues imposed under this subsection.
§11-1C-9. (b) In any year the assessed value of a property or species of property be less than or exceed sixty percent of current market value, the Tax Commissioner shall direct the assessor to make the necessary adjustments.
Declaration of consideration or value. The declaration states the property's value or the payment, called consideration, made for the property. The current owner, new owner, or another responsible party must sign the declaration. The West Virginia Code suggests language for a declaration of consideration or value.
West Virginia Code §11-22-1, provides for exemptions to paying the Transfer Tax Fee. Deeds must specifically state the reason for exemption, otherwise, the Transfer Tax Fee will be charged. Every Deed recorded requires a completed Sales Listing Form to be attached. The Sales Listing Form can be found here.
Property consisting of less than five acres may still qualify for farm use valuation, but the owner, or bona fide tenant, must be able to show actual annual sales of farm produce with a value of at least $500. Generally, woodland is not eligible for farm use valuation.