If you have any questions while completing a PV, please do not hesitate to contact the Accounts Payable department for guidance. 66. Create a document that outlines the agreement, including the type and amount of loan, the assets included in the mortgaged, and the terms of the agreement.Taxable Value (TV) is the lesser of State Equalized Value (SEV) or Capped Value (CV) unless the property experienced a Transfer of Ownership in the prior year. The Community Land Trust Technical Manual provides a comprehensive, practical guide for the ongoing operation of community land trusts as well as for startups. Tenancy in common (TIC) is a legal arrangement in which two or more parties share ownership rights to real property.