§ 73.147. Checklist of requirements for a complete and comprehensive industrial appraisal.
(a) One independent appraisal by a member of the American Institute of Real Estate Appraisers or by a Pennsylvania-certified appraiser of an acquisition project is required. The appraisal should be of the ‘‘as is’’ property, and should not presume improvements thereto.
(b) Each appraisal must contain the customary certification, limiting conditions, appraiser’s qualifications and an appraisal brief.
(c) The complexity of the appraisal depends on the size, value and complexity of the property.
Source The provisions of this § 73.147 amended October 19, 2007, effective October 20, 2007, 37 Pa.B. 5601. Immediately preceding text appears at serial pages (230907) to (230908).
Cross References This section cited in 12 Pa. Code § 73.6 (relating to licensed professional requirement).
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