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Subpart A - General, § 24.2 Definitions.
Appendices A and B.
Scope of revision.
Subpart B - Real Property Acquisition:
Valuation, appraisal, & appraisal review.
Overview of the Training Session
Background - Trace the history of the URA from 1971 thru the original Unified Rule in 1989. Mention the minor amendments due to legislation mandates in the 1990's, and review the process leading to the January 4, 2005 Final Rule.
Subpart A - Although some minor revisions were made to update references the only changes in this subpart was to § 24.2 Definitions. We'll go over what changed briefly, but leave the detail to be covered where the new term is applied in the rule.
Appendix A & B - We will discuss the changes made to each appendix.
Scope of Revision - We will point out where the rule was revised in general and highlight the scope of change in each subpart. Promote open discussion within group to identify the key items they see within each section.
Valuation, Appraisal & Appraisal Review - The tutorial will go over in detail the rule provisions affecting property valuation and appraisal.
Acquisition - The tutorial will go over the rule revisions dealing with offers, negotiating, reaching settlements and other related practices necessary to acquire property.