Section One: Identification, Definitions, and Certification

Page 1 - This page identifies the parcel, RCSJ, property address, and other pertinent items. It also classifies the property as a whole or partial acquisition. The Federal Project Number, when applicable, and the RCSJ are required on page 1. The “Purpose of the Appraisal” is stated, and “Market Value” is defined. The “Certificate of Appraiser” includes the appraiser’s estimate of value as of a given date, and the dates the subject and the comparables were inspected.
It is the appraiser’s obligation to provide the property owner or their representative the opportunity to accompany the appraiser during the property inspection. The individual who accompanies the appraiser must be identified.
A new page 1 of this form must be submitted to ROW PD when a report is revised, supplemented or the date of valuation changes. Data must be provided when the revision affects the final estimate of value.
The appraiser’s name should appear in print followed by their certification number. The appraiser is required to sign and date the appraisal report.
The appraisal reviewer is required to sign the report.
Compliance with USPAP requirements should follow page 1. If it is appropriate and the appraiser feels it is necessary to invoke a jurisdictional exception, specific comments and discussion should be developed on an attached page 1.1.