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One unique feature of Florida's homestead exemption is that it attaches to proceeds from the sale of a home if the homeowner intends to use those proceeds to establish a new Florida homestead within a reasonable time. Therefore, if the owner of a $1,000,000 home sells that home and puts the money in a bank account, that money is still protected ...
Osceola County (/ ˌ ɒ s i ˈ oʊ l ə / AH-see-OH-lə) is a county located in the central portion of the U.S. state of Florida. As of the 2020 census, the population was 388,656. [1] Its county seat is Kissimmee. [2] Osceola County is included in the Orlando–Kissimmee–Sanford, Fla. Metropolitan Statistical Area.
Seminole County (/ ˈsɛmɪnoʊl /, SEM-i-nohl) is a county located in the central portion of the U.S. state of Florida. As of the 2020 census, the population was 470,856, making it the 13th-most populated county in Florida. [1][2] Its county seat and largest city is Sanford. [3] Seminole County is part of the Orlando-Kissimmee-Sanford, Florida ...
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". It is also suitable for a building in a planned unit development (PUD) but is not ...
The Appraisal Foundation is a non-profit organization established in 1987 by the largest valuation organizations in North America. The foundation was congressionally authorized to develop standards and qualifications for real estate appraisers under Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
USPAP was originally written in 1986-87 by an ad hoc committee representing the various appraisal professional organizations in the U.S. and Canada. The copyright to USPAP was donated to TAF on April 27, 1987. While USPAP answers a specific regulatory need in the U.S., it has also been adopted by many appraisal professional organizations ...
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