Uniform Appraisal Standards for Federal Land Acquisitions: Interagency Land Acquisition Conference (1992)
These standards have been prepared to promote uniformity in the appraisal of real property among the various agencies acquiring property on behalf of the U.S., by both direct purchase & condemnation. Contents: standards for approaching the solution to certain recurring appraisal problems (cost approach, income approach, highest & best use, etc.); data documentation & appraisal reporting standards (zoning & other land use regulations, contents of appraisal report, etc.); general standards of a miscellaneous nature (impartiality, witness composure, leasehold takings, etc.). Cases & statutes.
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10th Cir 1st Cir 2d Cir 3rd Cir 5th Cir acquired Acres Acres of Land addenda adjustments agency analysis applicable Appraisal Foundation appraisal problem appraiser's approach to value attorney capitalization rate cert Citv comparable sales compensation condemnation consequential damages consideration cost approach cost to cure County D.C. Cir date of taking denied depreciation determining diminution in value discussion easement eminent domain factors fair market value government's highest and best Ibid improvements income individual parcel reports infra land use regulations lease leasehold estate legal description limiting conditions market data method mineral owner partial acquisition partial taking Professional Appraisal Practice project appraisal report project report property under appraisement Real Estate Real Estate Appraisers real property reasonable remainder property rent reproduction requirements result rezone riparian rule SALES COMPARISON Section severance damages special benefits subject property Supp supra Supreme Court taken United VALUE ESTIMATE whole property zoning
Page 44 - The use for navigation, in connection with the operation and maintenance of such works herein authorized for construction, of waters arising in States lying wholly or partly west of the ninety-eighth meridian shall be only such use as does not conflict with any beneficial consumptive use, present or future, in States lying: wholly or partly west of the ninety-eighth meridian, of such waters for domestic, municipal, stock water, irrigation, mining, or industrial purposes.
Page 9 - Elements affecting value that depend upon events or combinations of occurrences which, while within the realm of possibility, are not fairly shown to be reasonably probable...
Page 49 - The purpose of this title is to establish a uniform policy for the fair and equitable treatment of persons displaced as a result of Federal and federally assisted programs in order that such persons shall not suffer disproportionate injuries as a resut of programs designed for the benefit of the public as a whole.
Page 40 - ... such building, structure, or other improvement shall be deemed to be a part of the real property to be acquired notwithstanding the right or obligation of a tenant, as against the owner of any other interest in the real property, to remove such...
Page 16 - In this behalf with reference to the reconciliation was an objection which went to the weight of the evidence rather than to its admissibility.
Page 8 - The highest and most profitable use for which the property is adaptable and needed or likely to be needed in the reasonably near future is to be considered, not necessarily as the measure of value, but to the full extent that the prospect of demand for such use affects the market value while the property is privately held.
Page 7 - Whenever any interest in real property is acquired, the acquiring agency shall acquire at least an equal interest in all buildings, structures, or other improvements located upon the real property...
Page 43 - All navigable waters are under the control of the United States for the purpose of regulating and improving navigation, and although the title to the shore and submerged soil is in the various States and individual owners under them, it is always subject to the servitude in respect of navigation created in favor of the Federal Government by the Constitution.
Page 50 - Oral and not binding offers are so easily made and refused in a mere passing conversation, and under circumstances involving no responsibility on either side, as to cast no light upon the question of value. It is frequently very difficult to show precisely the situation under which these offers were ma.de. In our judgment they do not tend to show value, and they are unsatisfactory, easy of fabrication and even dangerous in their character as evidence upon this subject.