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The distinction between extraordinary assumptions and hypothetical conditions can be a matter of law or professional standards in the field of real estate appraisal in the United States where the distinction is not only codified in USPAP, but enforced by various state real estate appraiser commissions or professional boards. However, the ...
New Market is located in northeastern Madison County at (34.906295, -86.426170 It is 17 miles (27 km) northeast of Huntsville and 6 miles (10 km) south of the Tennessee border. According to the U.S. Census Bureau , the CDP has a total area of 17.6 square miles (45.5 km 2 ), of which 0.03 square miles (0.08 km 2 ), or 0.17%, are water. [ 1 ]
Location of Madison County in Alabama. The following properties are listed on the National Register of Historic Places in Madison County, Alabama. This is intended to be a complete list of the properties and districts on the National Register of Historic Places in Madison County, Alabama, United States. Latitude and longitude coordinates are ...
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".
One of the most recognized professional organizations of real estate appraisers in America is the Appraisal Institute (AI). It was formed from the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers. Founded along with others in the 1930s, the two organizations merged in the 1990s to form the AI.
The New Market Historic District is a historic district in New Market, Alabama. The town was founded in the 1820s as a trade center along the road between Huntsville and Winchester, Tennessee . The town incorporated in 1837, and had grown to around 500 residents by the 1850s.
The Appraisal Foundation (TAF) is the United States organization responsible for setting standards for the real estate valuation profession. The organization sets the congressionally authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals.
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.