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The leading appraisal organization for personal property valuation is the American Society of Appraisers which is a sponsor member of the Appraisal Foundation and awards the ASA (Accredited Senior Appraiser) designation to candidates who complete five years of documented appraisal experience, pass a comprehensive exam along with required ...
A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".
At the onset of an assignment, an appraiser is obligated to gather certain specified preliminary data about the project, such as the nature of the property to be appraised, the basis of value (e.g. market, investment, impaired, unimpaired), the interests appraised (e.g. fee, partial), important assumptions or hypothetical conditions, and the ...
Tarrant County Appraisal District sent out property value notices in April. After months of hearings with the Appraisal Review Board, the final values have been tallied.
The retired couple received a letter dated Jan. 16 from the appraisal district asking for a site inspection, then another one following up just six days later. They aren’t sure what triggered it.
But if the property were to be valued as of the current date assuming the completion of the proposed house, the appraisal of the proposed property would be subject to a hypothetical condition because the assumption that the house is completed as of the current date is an assumption which is known to be contrary to the known fact that the lot is ...
For real property exchanges under Section 1031, any property that is considered "real property" under the law of the state where the property is located will be considered "like-kind" so long as both the old and the new property are held by the owner for investment, or for active use in a trade or business, or for the production of income.
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