Hi guys,
My apologies if mixes have been discussed already – I’ve missed it if it has.
For the classification of MDAF properties do we just call the dominant use based on the MDAF percentage?
eg: A ppty with a MDAF of 30% will get a classification of Residential. And a ppty with a MDAF of 85% will get Commercial?
Two ESPL classifications can apply in the case of a property that is mixed development.
The same apportionment factor that is used for rating is to be used for purposes of the ESPL, dividing the land value between a Residential component and a second ESPL classification.
Good afternoon Robert & Cherie,
Are you able to check on that advice Robert?
I can’t see mixed development discussed in any of the release notes except where it says that “land parcels should be classified based on their dominant use”.
I have gone the way that Cherie was intending to go using the MDAF to determine the dominant use.
Dave
p.s. I am pretty sure I sort advice on this matter (can’t remember of who) and was told that was the way to go.
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