Appraisal Services. Developer shall provide TxDOT with fair market value appraisals prepared by appraisers meeting the minimum qualifications established herein. All appraisals shall be prepared in conformance with applicable law (including the Uniform Act), and in accordance with professional appraisal methods and applicable TxDOT standards for all parcels to be acquired by TxDOT. Developer shall:
Appraisal Services. 7. A real/personal property report detailing what items making up each parcel are classified as real estate, tenant-owned improvements or personal property. Particular attention shall be paid to items that have questionable classifications. A completed TxDOT Form ROW-A-9 - Property Classification Agreement.
Appraisal Services i. Property appraisals will be based on “Fair Market Value” unless otherwise specified or requested. Two copies of the appraisal report shall be bound, clearly labeled and signed by the primary certified general appraiser and any other certified general appraiser and/or licensed trainee which aided in the process. Four additional copies will be furnished.
Appraisal Services. 3.2.2.1 Prepare a Waiver Valuation or an Appraisal for each parcel as recommended by the approved Appraisal Problem Analysis.
Appraisal Services. Company will determine a leasehold interest and/or sale valuation/appraisal for the property or property interest as instructed by Lands. Company shall prepare, furnish, and deliver one (1) hard copy of the appraisal report along with a digital version of such report to the Lands Director at the address set forth in Paragraph #13. The report shall, in form and substance, conform to recognized appraisal standards, principles, and practices of the Alabama Real Estate Appraisers Board and the Appraisal Institute.
Appraisal Services as frequently as is necessary for WEST and each Subsidiary to comply with its obligations under the Related Documents, arranging for the Appraisals to be made and providing the Appraisals to the relevant Service Providers;
Appraisal Services. 1.6.4.1 Xxxxxx shall identify the valuation problems, determine the number and type of appraisal reports needed for each parcel, identify items pertinent to the valuation of each parcel, and note any specific or unusual appraisal problems. Any properties worth more than $10,000 will have an appraisal completed and any property valued at under $10,000 will have a waiver valuation completed by Xxxxxx real estate staff.
Appraisal Services. As directed and approved by SBBC, coordinate and assist with subcontracting a vendor to provide reconstruction cost appraisal services for certain facilities of SBBC as agreed upon by Respondent and SBBC. The cost of this service would fall outside the broker compensation definition and, at the option of SBBC, be considered as a value added expenditure.
Appraisal Services. Cardno will identify and MAPCA will provide easement/acquisition mapping for all parcel areas requiring appraisal (permanent or construction easements). Xxxxxxx Xxxxxxx Xxxxxxx LLC Real Estate Appraisers & Consultants (JPG) will develop an appraisal of the property identified in conformance with federal and state policy. JPG will complete a field review of the parcel/acquisition area under the coordination of Xx. Xxxx and/or Interwest. Xx. Xxxx and/or Interwest will invite the property owner and the City’s project manager to attend each field review. After JPG completes the field review and the necessary data research, JPG will prepare an appraisal report containing the following information: > The purpose and function of the appraisal, including limiting factors and conditions. > A description of the physical characteristics of the property being acquired in addition to the highest and best use of property. > A discussion of all relevant and reliable approaches to value. In most cases this will necessitate the use of the sales comparison approach only. > A description of comparable sales relied on in the determination of value. > A statement of the value of the property rights to be acquired, including damages to the remainder. > A signed certification of the appraiser and the effective date of the valuation. Cardno will provide the appraisal to the Appraisal Reviewer (see following sub-task) for review and comment. JPG will revise and update the appraisal based on the comments received. Final appraisal will be provided to the City and used in the development of the instruments of conveyance for the acquisition.
Appraisal Services. Consultant will provide full narrative appraisal reports for the County that will state the estimated fair market value of the easement or fee (if any) interest for each affected property, reports must include zoning, property rights to be acquired, highest and best use analysis, comparable sales and analysis, improvements acquired, damages, cost to cure and any other impacts to private property being acquired as a result of the project. All appraisals will meet accepted professional appraisal standards. The appraisals will conform to the Caltrans Appraisal Manual and the requirements of the Bureau of Real Estate Appraisers of the State of California (BREA). An appraisal of each property shall be completed in accordance with federal and state policy. Each property owner shall be contacted and offered the opportunity to accompany the appraiser during the inspection of the property. The primary steps in completion of fair market value appraisals of the property rights to be acquired shall include but are not limited to the following: • Onsite physical inspection of the subject property with the owner. • Visual inspection of the comparable market data. • Study of community and neighborhood in which the subject is located. • Collection of data from appropriate governmental agencies. • Market investigation of vacant and improved comparable data. • Verification of market data with sources knowledgeable with the pertinent details of the transaction. • Analysis of all appropriate data in the before and after condition to arrive at an opinion of value. • Preparation of report . An appraisal report shall be prepared for each parcel (contiguous, same ownership parcels combined where possible) and shall include, at the minimum, the following information: • The purpose and function of the appraisal, including limiting factors and conditions. • A description of the physical characteristics of the property being acquired in addition to the highest and best use of property. • A discussion of all relevant and reliable approaches to value. In most cases this will necessitate the use of the sales comparison approach only. • A description of comparable sales relied on in the determination of value. • A statement of the value of the property rights to be acquired, including damages to the remainder. • A signed certification by the appraiser including the effective date of the valuation. Deliverables: • Full narrative appraisal reports for up to 11 parcels. • Electronic copies ...
