choose date

enter Name

enter address

enter City, State, Zip

Subject:	Project ID.:	enter text

Project No.:	enter text

Designation:	enter text

Parcel No.:	enter text

Federal regulations allow the Montana Department of Transportation to formulate an offer to purchase right of way from you by use of a waiver valuation rather than a formal appraisal. Although the same basic process is used in an appraisal, the waiver valuation is used for less complicated acquisitions where essentially a determined per acre or per square foot value is merely multiplied by the area of acquisition. The value of any minor improvements would also be added. The determined per acre or per square foot value is arrived at by examining the real estate market in the same way appraisals are completed. The waiver valuation allows MDT to present an offer to you in a shorter time frame.

This process can be applied when the total value of the acquisition is initially considered to be $35,000.00 or less. In the event the value exceeds $35,000.00, a formal appraisal will be prepared.

The use of this process must also have the permission of the landowner; therefore, we are asking for your concurrence in allowing MDT to use the waiver valuation process in arriving at an offer of just compensation for the right of way we require from your property.

Your signature below will in no way jeopardize your rights as a property owner if you disagree with our offer of compensation.

☐ I Agree,

Property Owner Signature	Print Name	Date

Property Owner Signature	Print Name	Date