Are “rights appraised” only fee simple, or is their more to this? Properties have evolved over the years and it is rare to find a property that doesn’t have restrictions on the title ranging from life estates, utility and access easements, cell tower sites, deed restrictions, mineral rights and more - some of these encumbrances may or may not have an impact on value; however, to report “fee simple” is misstating the facts and could create an issue or liability to the appraiser. Come and learn more about why you haven’t heard this before and what your approach should be.
This is an interactive seminar and as such requires some preparation on your part prior to attending. Following are the details:
Bring a deed for a property encumbered by an easement, deed restriction, etc….possibly more than one encumbrance on that same property. The second requirement is to bring a “non-encumbered” property that would compete in the same market. The object is to do a “pairing”, i.e., one with an encumbrance and one without to measure the impact of that encumbrance.
Examples:
Contact Hours: 8 hoursList of approvals
American Society of Farm Managers and Rural Appraisers, Inc.
720 South Colorado Boulevard, Suite 360-S
Glendale, CO 80246-2664
(303) 758-3513
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