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Appraisal Review
Reference: rule and Appendix A
§ 24.104(a) to (c)
Review appraiser responsibilities:
Examine analysis and presentation of data.
Assure all appraisal requirements are met.
Meets definition of appraisal in § 24.2.
Notes:
The updated rule more completely addresses the appraisal review function. The requirements should not be that new to the transportation community because it reflects practices already in use there. The terms may be new, but the approach has not changed. § 24.104(a) of the updated rule specifically addresses what the review appraiser is to examine. This slide highlights the criteria against which the review appraiser evaluates an appraisal. These are the requirements in § 24.103, Criteria for Appraisals.
IMPLEMENTATION: agency procedures would require revision to add this item of responsibility for review appraisers.
To provide feedback, suggestions or comments for this page, contact Arnold Feldman arnold.feldman@fhwa.dot.gov
