Which Basic Property Class Code would be designated to land primarily utilized for recreation purposes?

Prepare for the Oregon Property Appraiser Exam. Use flashcards and multiple choice questions with hints and explanations for each question. Get ready for success!

The Basic Property Class Code designated specifically for land that is primarily utilized for recreation purposes is indeed "Recreation." This classification recognizes properties that are primarily used for recreational activities, such as parks, golf courses, sports facilities, and other areas dedicated to leisure and outdoor activities.

The classification reflects the primary function of the land and is important for property tax assessments, zoning considerations, and resource allocation. Using the "Recreation" class helps in the accurate assessment of property values based on the specific use and characteristics of the land.

Other classifications such as "Tract," "Commercial," and "Industrial" serve different purposes and denote land used for residential development, business activities, or manufacturing, respectively. These categories focus on uses that are quite distinct from purposes associated with recreational activities, emphasizing the need for classification to ensure properties are evaluated and taxed correctly based on their actual use.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy