PROJECT NO.:	PROJECT ID:
DESIGNATION:	PARCEL NO.:
OWNER(S):
Stationing:	Appraiser:

This form provides a general guideline for appraisal report content. Appraisals may also include additional information as required by accepted appraisal practice, UASFLA and/or Chapter 3 (Appraisal) MDT R/W Manual.

BEFORE	AFTER	BEFORE	AFTER
GENERAL:	SALES COMPARISON APPROACH
1. Table of Contents	1. If not Applicable, Explained
2. Project & Parcel Number	2. Comparison to Subject
3. Owner's Name & Contact Information	3. Adjustments Explained
4. Lessee’s Name & Contact Information	4. Pertinent Calculations
5. Legal Description	COST APPROACH
6. Total Area of Property	1. If not Applicable, Explained
7. Total Area to be Acquired	2. Cost Data Source
8. 5-Year Record of Sales	3. All Depreciation Explained
a. Parties to Transaction	4. Pertinent Calculations
b. Date of Purchase	INCOME APPROACH
c. Purchase Price Verification	1. If not Applicable, Explained
d. Deed Book Reference	2. Income
STATEMENT OF PURPOSE	3. Expenses
1. Value to be Estimated	4. Interest & Capitalization Rates
2. Rights - Interests Appraised	5. Economic Life
ASSUMPTIONS & LIMITING CONDITIONS	6. Economic Rent & Contract
DESCRIPTION OF PROPERTY	7. Rent Differences Supported
1. Location	DEPRECIATION IN VALUE
2. Present Use	1. Properly Supported
3. Zoning	2. Correct Const. Features Noted
4. Access	BENEFITS
5. Land	1. General not Included
a. Dimensions and Shape	RECONCILIATION AND CONCLUSION TO VALUE
b. Other Physical Features	1. Each Value Estimate Shown
6. Buildings	2. Reasonable Explanation
a. Types	REMNANTS
b. Size	1. Economic
c. Age	2. Uneconomic
d. Condition	APPRAISAL HISTORY
e. Quality of Construction	1. Proper Dates Shown
7. Photographs (Identified)	FENCING
8. Sketch	1. Correct Amount
a. Buildings (Dimensions)	2. Support for Cost
b. Land Areas

BEFORE	AFTER	BEFORE	AFTER
COST TO CURE
HIGHEST AND BEST USE	1. Explained
1. Stated	2. Cost Supported
2. Analysis	LESSEES INTEREST
COMPARABLE SALES	1. Explained
1. Date	2. Segregated
2. Seller & Buyer	3. Copy of Written Lease
3. Consideration	ENCUMBRANCES
4. Financing	1. Explained
5. Condition of Sale	CERTIFICATION OF VALUE
6. Verification and Source	1. Signed Affidavit
7. Location	2. Date of Appraisal
8. Total Area	3. Independent Appraisal
9. Type of Improvement	4. Personal Property Excluded
10. Highest and Best Use	5. Non-compensable Items Excluded
11. Zoning	Comments:
12. Photographs (Identified)
13. Encumbrances (explained)