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ayi4 Federal Register / Vol: 5+1, Na. 40 <br /> / Thursday, March Y,'19891 Rules and rte <br /> construction purposes before making Regulations <br /> Payment available an common! acc <br /> Y acted professional <br /> fit)e Uneconomic to appraisal practices.When s shall not valuation. based art the amount <br /> ` ac(k)Ulec of mnant If the market sales data are availabbllecto� No appraiserof t <br /> i t only a portion of a reliably support the fair market value for person <br /> hnegotiator for real ry ye as a <br /> � property would leave the owner with an <br /> uneconomic leave <br /> the the specific appraisal problem Agency maya appraised,except that ret <br /> offernacquireAgency shall encountered,the Agency at its bothappraise permitthe lama <br /> the uneconomic remnant diacsetlo mayre <br /> i along to the theof the m quire only the market both erd the otiate aver°°°t <br /> needed for project.(See property approach.If more than one approachacquisition where value of the <br /> (1)Inness thecondemnation ject. IifZwJ.l utilized,there shall be an analysis and acquisition[s Z,ISOp,or leas. <br /> intends to acquire any interest reconciliation eci !approaches to value 24.104 gsMw <br /> Agencyres! int property to exercise of the powerare support the of appraisals. <br /> of eminent arty by <br /> it erainstitute appraisers opinion of value. The processocesand.have an appraisal <br /> formal a nd domain. <br /> it shall in proceedings and including)A description of com re(aew and.revie a appaier <br /> not al co demj, auks r cedin a description of all relevant�� (al A qualified appraisals <br /> minimum <br /> n the owner to necessary for physical, sshall theymee all appraiser <br /> institute legal such p to the traa�a that meet applicable <br /> to as <br /> to prove the fact of the taking ofpydsource and s method of fin ' rtgalt+eateata �g�ble ap��aal <br /> pverification byava°�&and and shall,prior to <br /> ea(ml Farrnenla! If the Agency permit. transactiart. party involved to the alai ePv awl ,see!{neoessarq dna <br /> lo�owner or tenant to occupy the <br /> short term Hoa for a property(5)A statement of tl>e slue of the reel (bl[f the reviewing app ser is <br /> d <br /> Period sproperty after dsitio to be acquired and.for a partial val <br /> to app! e <br /> short ers or a the Agency as to ort acquistttn,a statement of the value of bails' <br /> j far <br /> li an a 4 of the <br /> notice. rent shall not exceed the fair the damages and benefits, far lite es PPraio�as an a <br /> market the t such d any'to the �� fab riot pr of the oen ffer <br /> termination <br /> occupancy, pp tt. property,where of Jtrat co <br /> °3'• acompensation.sad it i• <br /> f 24.103 Criteria aPP the <br /> (8)The effective date of valuation, ob additional deterznined tit <br /> �l Practical to <br /> (a) <br /> Standards of oFiFPr eel The format date o ati appraisal. as and <br /> a develop <br /> and level of dreviewing appraiser may <br /> appraisal depend <br /> documentation for an appraiser. <br /> appraisal docuMentation in <br /> the level of on the complexity of ro}Influence of the p��on <br /> e. <br /> problem.The compensation.To the loot with i T�4.ltt3 to support an accordance <br /> developapproved or <br /> t minimum pro lem. shall by applicable law,the appraiser ithell (ch' <br /> recommended <br /> cansistent with established disregard any decrease or increase in certification of the or <br /> andacommonly sarong appraisal the fair market value of the real e <br /> virtueeProved their wlo acquisitionsithse ism'by caused by the project perty Is to be acquired.for which p forth t as steed st e P !'shat!be <br /> presentationmet require the o l 'nth a r s ty,do e�ood that the propror by would Identifies theappraisal ar such which <br /> Ys s and Feet other <br /> w hebe sad basis far reviewed <br /> sraa A s J a detailed i etprbaton thanthatwithin damages oor benefits <br /> or approval. <br /> appraisal shall be due to p"�' Any <br /> appra d for detailedll other appraisals.A reasonable control of the owner, propertyeh 11 alio I entifi dth <br /> prepar for <br /> appraisalloshalla reflect (°)�erretentioe statement shall also be identified in the <br /> a detailedlithe owner of a real pro arty improvements. <br /> standards recognized appraisal extent removal <br /> Le it for ti � A° n of t , <br /> appropriate,the UniformAppraisal projectsite.the �� <br /> Standards a for Federal Land A amount to be offered for the interest In (a)Acquisition o <br /> St appraisal mustFed Acquisition. the real property to be a f improvements. <br /> real <br /> An apprai contain sufficient not less °nub t shall 6e When acquiring Agency any shall <br /> offer real <br /> andotheappraiser's n.ink ud{tig valuation data amount determined the to bew just acquire at least an <br /> data, compensation fir the owner's entire uuiill equal interest in all <br /> support his or her opinion of value.At interest in the real <br /> to support <br /> a detailed a props dings.structures,or other <br /> a contain minimum,the followinga detailed <br /> PArafsal shall salvage value(defined at 124.2 therty and of Property to be located ' h the real <br /> (1)Theitems: the retained improvement [ )} to be ecgtrired,which It <br /> purpose and/or function of requires to be removed or which it <br /> the appraisal.u.a definition the the esto (d)Qualifications o appraises.The determines <br /> will th appraised,and a statementAgency shall establish critcepr perly affected by <br /> will <br /> being apps s and limiting of the determining the minimum qualifications <br /> for the use. to whichshall such real any <br /> conditions q alificatioaui be t <br /> affectingassunit the apal. ofsappr_aisers.Appraiser qualifications improvement include any <br /> (2)An adequate description of the shall be consistent with the level of the on to remove <br /> who has <br /> pryadequate de c iofp the difficulty of the appraisal assignment improvement�t or obit the expiration remove the <br /> partial acquisition.appraised <br /> [and,in the case� educaThe tion.training.shall review the experience, !eat the of the <br /> partial an of t remaining oto qualifications of appr� including other realrot may.Any <br /> nta utkling sir to be <br /> statement of known observed a review appraisers,and utilize only thse other improvement. hg,would be or <br /> encumbrances,of the If and obser ed determined to be qualified. considered <br /> to ewhich Ifw <br /> eu {el Conflict yhown be real property property owned <br /> � of rnteriast No appraiser by the owner of the neat <br /> locationen <br /> analysis of ring,present <br /> use, <br /> ,an or review appraiser shall have as considered <br /> least a sof hi sales hi use,and at interest direct or real which it real located.shall be fthis <br /> prop story of the � f.in the <br /> etty to be purposes of this <br /> arty• <br /> relevant <br /> property being appraised for the Agency Subpart ��for <br /> props cher valved that would In any conflict with <br /> Preparation e r (c)ApP and r'tentrihinertr aj <br /> consistent with 'Compensation for making aa°appraisal Improvements <br /> t orvn approfur <br />