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Level 0 is a desktop review, where the reviewer may not even visit the site, while Level 3 is in-depth. Requirements for the scope of work and qualifications of reviewer are provided within the document. The guidelines also require two major items to be addressed; loss estimation and building stability.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
The Appraisal Institute of Canada defines the term highest and best use as: The reasonably probable and legal use of property, that is physically possible, appropriately supported, and financially feasible, and that results in the highest value.
Cross section showing the water table varying with surface topography as well as a perched water table Cross-section of a hillslope depicting the vadose zone, capillary fringe, water table, and the phreatic or saturated zone. (Source: United States Geological Survey.) The water table is the upper surface of the phreatic zone or zone
This is an accepted version of this page This is the latest accepted revision, reviewed on 1 February 2025. Water located beneath the ground surface An illustration showing groundwater in aquifers (in blue) (1, 5 and 6) below the water table (4), and three different wells (7, 8 and 9) dug to reach it. Groundwater is the water present beneath Earth's surface in rock and soil pore spaces and in ...
Floor Area ratio is sometimes called floor space ratio (FSR), floor space index (FSI), site ratio or plot ratio.. The difference between FAR and FSI is that the first is a ratio, while the latter is an index.
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...