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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".
Examples of projects requiring a preliminary site survey include urban construction, [2] specialized construction (such as the location for a telescope) [3] and wireless network design. [ 4 ] In hydrocarbon exploration , for example, site surveys are run over the proposed locations of offshore exploration or appraisal wells. [ 5 ]
Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.
There are several other report types that have some resemblance in name or degree of detail to the Phase I Environmental Site Assessment: Phase II Environmental Site Assessment is an "intrusive" investigation which collects original samples of soil, groundwater or building materials to analyze for quantitative values of various contaminants. [11]
Appraisal reports written where USPAP compliance is a requirement or assignment condition will usually be written with a separate section, or sometimes two distinct separate sections, enumerating and explaining the rationale for and effects on value or utility of all extraordinary assumptions and hypothetical conditions. [22]
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By defining the scope of work, an appraiser can properly develop a value for a given property for the intended user, and for the intended use of the appraisal. The whole idea of "scope of work" is to provide clear expectations and guidelines for all parties as to what the appraisal report does, and does not, cover; and how much work has gone ...
TAF carries out its work through two divisions – the Appraisal Standards Board (ASB) and the Appraiser Qualifications Board (AQB). The latter group sets forth minimum qualifications for appraisal licensure, and its work has been adopted by all states and territories. The ASB maintains USPAP, and issues updates in January of even numbered years.
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