The Report

Elements of a properly prepared USPAP compliant appraisal report include:

  • Name and Address of Client
  • Intended Use
  • Intended Users
  • Name, Contact Information and Qualifications of the Appraiser
  • Signed Certification
  • Scope of Work Narrative
  • Purpose of the Appraisal
    • Insurance
    • Donation
    • Estate
    • Equitable Distribution
    • Damage Claims and Inspections
    • Estate Planning Liquidation
    • Pre Move Inspections
  • Types of Value
    • Fair Market Value
    • Replacement Cost
    • Marketable Cash Value
    • Liquidation Value
    • Replacement Cost New
    • Reproduction Cost
  • Approaches to Value
    • Market Data/Sales
    • Comparison
    • Cost Income
  • Types of Reports
    • Restricted Use
    • Summary
    • Self Contained
  • Market Analysis
  • Defined Value Conclusions
  • Property Descriptions
  • Extraordinary Assumptions
  • Limiting Conditions
  • Pagination and other formatting techniques