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Last modified
7/29/2024 3:58:21 PM
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CHAPTER 2. APPRAISAL AND APPRAISAL REVIEW <br />20. GENERAL <br />21. APPRAISAL STANDARDS <br />a. Depth of Report <br />b. Appraisal Data <br />c. Appraisal for Less Than Fee Title <br />d. Partial Taking <br />e. Independently Prepared <br />f. Preparation of Report <br />g. Appraiser's Certification <br />22. INFORMATION TO BE FURNISHED BY SPONSOR <br />23. APPRAISAL REPORT <br />iV <br />Page <br />9 <br />9 <br />9 <br />9 <br />9 <br />9 <br />9 <br />9 <br />9 <br />10 <br />10 <br />a. Purpose of Appraisal 10 <br />b. Description of Property 10 <br />c. Highest and Best Use 10 <br />d. Before and After Valuation 10 <br />e. Approaches to Value 10 <br />f. Benefits 11 <br />g. Appraisal of the After Value 11 <br />h. Difference Between Before and After 11 <br />i. More Than One Approach Used 11 <br />j. Photographs 11 <br />k. Sketch or Plat 11 <br />I. Comparable Sales 11 <br />m. Inspection of Properties 11 <br />n. Date of Valuation 11 <br />o. Limiting Conditions 11 <br />p. Certification and Signature 11 <br />24. UNCOMPLICATED TAKINGS 11 <br />25. NOMINAL VALUE FINDING 12 <br />a. Federal Participation 12 <br />b. Preparation 12 <br />26. SPECIALTY REPORTS 12 <br />a. Documentation 12 <br />b. Employment of Specialist 12 <br />c. Distribution of Estimate 12 <br />d. Engineering Data 12 <br />27. NUMBER OF APPRAISALS 12 <br />a. Appraisals Contracted 12 <br />b. Allowable Appraisal Fees 12 <br />28. APPRAISER QUALIFICATIONS 13 <br />a. Qualifications 13 <br />b. Fee Appraisers 13 <br />c. Reviewing Appraiser 13 <br />29. APPRAISAL FEES, CONTRACTS AND AGREEMENTS 13 <br />a. Employment of Fee Appraisers and Specialists 13 <br />b. Fees 13 <br />c. Requirements for Contracts and Agreements 14 <br />
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