Laserfiche WebLink
go <br />Approach to Scope of Work for Appraisal Review Services <br />1. Discuss the assignment with the appraiser and city if necessary, to gain an understanding <br />of the appraisal problem, including identifying the real estate and real property rights to <br />be valued, any potential legal issues, other assumptions and limiting conditions, the <br />intended use and user, and the definition of fair market value. If any legal issues exist, the <br />review appraiser will request a legal opinion from the city's legal counsel. <br />2. Conduct a field investigation of the subject property with the appraiser if practical. If not <br />practical, the field investigation will be conducted independently. Verify planning and <br />zoning designations with the city, and tax information with the county taxing authority. <br />3. Read the entire appraisal. Fact check the subject property information and the comparable <br />sales data. For full acquisitions, review the analysis of the fair market value. In regard to <br />partial acquisitions, review the value of the larger parcel and the analysis of the part <br />acquired, with specific attention to any damage and/or benefits that may accrue to the <br />remainder by reason of the acquisition and construction of the project in the manner <br />proposed. The appraisal will be examined to assure that it meets applicable appraisal <br />requirements. Request changes and/or corrections from the appraiser, if required. <br />4. The appraisal review report will be based on nationally recognized appraisal standards <br />and techniques, including those established by the Uniform Standards of Professional <br />Appraisal Practice (USPAP) and the Uniform Appraisal Standards for Federal Land <br />Acquisition. The appraisal review shall comply with the Uniform Relocation Assistance <br />and Real Property Acquisition Policies Act of 1970, as amended, and implemented by <br />49 CFR Part 24; Chapter 16, of Title t, Division 7 of the California Government Code, the <br />State of California Relocation Assistance and Real Property Acquisition Guidelines <br />(Title 25, California Code of Regulations Ch 6, Art 1, Section 6000 et seq.); and the <br />California Eminent Domain Law, Code of Civil Procedure section 1230.010 et seq., when <br />applicable. <br />S. If the appraisal report cannot be recommended, discuss with the city the possibility of <br />obtaining an additional appraisal. When necessary, the review appraiser will develop our <br />own opinion of recommended value with documentation. <br />6. The appraisal review report will include a signed certification of the recommended value <br />of the property that explains the basis for the recommendation. Any damages or benefits <br />to the remainder will be identified in the statement. <br />7. Provide the appraisal review report electronically to the client. <br />PRO POSAL TO <br />CITY OF SANTA ANA, RFP zo- 2501-232 <br />