Table of Contents
A. Data Documentation and Appraisal Reporting Standards
Part VII Exhibits and Addenda
A-32. Location Map. 92 This exhibit should display the location of the appraised property within the city or area in which the property is located. All maps should include a north arrow and the identification of the subject property.
A-33. Comparable Data Maps. These maps might include, among other items, a comparable land sales map, a comparable improved sales map, and a rental comparables map. The maps should include a north arrow and show the locations of both the comparables and the subject property. If this requires the use of a map that is not of a readable scale, secondary maps showing the specific location of each comparable should be included.
A-34. Detail of Comparative Data. 93This data may be included in the body of the report. Photographs of the comparative properties must be included.
A-35. Plot Plan. A plot plan should help the reader to visualize the property and the scope of the appraisal considerations. The plot plan should depict the entire subject property, including dimensions and street frontages. Structural improvements should be shown in their approximate locations. Significant on-site improvements and easements should also be shown. The dimensions of improvements should be noted. The plot plan should include a directional north arrow. The location from which each of the subject photographs was taken should be identified on the plot plan, as well as the photograph identification number and the direction in which the photo was taken.
In the case of a partial acquisition, the plot plan should identify the remainder area and its dimensions. Significant construction features, if any, of the government project for which the property is being acquired should be shown. If the subject property or area acquired is complex, a separate plot plan of the remainder property may be desirable.
A-36. Floor Plan. Floor plans are required only when they are necessary to describe a unique property feature or the value estimate.
A-37. Title Evidence Report. If the agency provided a title evidence report to the appraiser, it should be included. If such report is lengthy, it may be referenced.
A-38. Other Pertinent Exhibits. These would include, for example, any written instructions given the appraiser by the agency or its legal counsel, any specialist reports (such as timber appraisals, environmental studies, mineral or water rights studies or appraisals, reproduction cost estimates, cost to cure estimates, fixture valuations), any pertinent title documents (such as leases or easements), and any charts or illustrations that may have been referenced in the body of the report.
A-39. Qualifications of Appraiser. Include the qualifications of all appraisers or technicians who made significant contributions to the completion of the appraisal assignment. If appraisal reports are being prepared for trial purposes, appraisers must insure that the content of their qualifications conform with Rule 26( a)( 2)( B) of the Federal Rules of Civil Procedure, as described in Section D-2 of these Standards.
92. All maps and plans may be bound as facing pages opposite the description, tabulation, or discussions they concern.
93. For description of comparative data required, see Section A-17 of these Standards.
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