Appraisal review form 2025

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The document is a Commercial Appraisal Review Form designed to evaluate appraisal reports for properties. It includes sections for identifying the property, assessing its value, analyzing location and improvements, determining the highest and best use, and reviewing various valuation approaches. The form also requires comments on the adequacy of the appraisal report and concludes with a section for the reviewer's recommendations.

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Click ‘Get Form’ to open the appraisal review form in the editor.
Begin by filling in the project/property name and location in the designated fields. Ensure accuracy as this information is crucial for identification.
Indicate the type of property by selecting either 'Existing' or 'Proposed Construction'. Provide the appraiser's name and contact details to establish communication.
In Section I, specify the value sought, choosing from options like 'Market Value' or others. Fill in any assumptions and limiting conditions relevant to your appraisal.
Proceed to Section II, where you will confirm if the report adequately identifies property location, ownership, and assessment details. Use checkboxes for clarity.
Continue through Sections III to IX, providing comments and ratings as required. Utilize our platform’s features to easily navigate between sections and ensure all necessary information is captured.

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What is the purpose of appraisal review?

A review serves as a tool for measuring the appraisal reports credibility by determining if it supports a relevant development process. The review serves as a test of reasonableness to see if the methods and techniques used are appropriate to the assignment.

What is a good appraisal form?

The employee appraisal form needs to have the objective of the review, job description and goals set for the particular position mentioned clearly.

How do you write a good appraisal review?

Instead of relying on general statements, use specific examples to illustrate an employees performance. Talk through achievements, challenges overcome, and instances where the person demonstrated exceptional skills or behaviors. This approach makes feedback more tangible and actionable.

What is appraisal form 465?

Form 465 is designed to report the results of an appraisal of a 1-unit property in a Condominium Project, whether attached or detached. An interior and exterior inspection of the subject property is required. For an appraisal of a 1-unit property in a Condominium Project using only an exterior inspection, see Form 466.

What is required in an appraisal field review?

During an appraisal review, a licensed or certified appraiser evaluates the appraisal report of another licensed or certified appraiser. The reviewers goal is to offer independent feedback in varying degrees, depending on the defined scope of the review.