| Appraisal |
| Requirement |
Description |
Authority
CFR, RCW, WAC |
Additional Information |
MDL No. |
| Offer Owner Accompaniment |
The owner or his representative shall be given an opportunity to accompany an appraiser during an appraisal. |
49 CFR 24.102 (c) (i); RCW 8.26.180 (2) |
|
PE-D-17.06.01 |
| Appraisal |
Real property must be appraised before the initiation of negotiations. The property must be appraised to determine the "just compensation" due the property owner. |
49 CFR 24.102 (a); 49 CFR 24.102 (c); RCW 8.26.180 (2) |
See 49 CFR 24.102 (c) (2) for exceptions - an appraisal may be waived under certain circumstances. See also WAC 468-100-102 for more information on appraisal standards and criteria. |
PE-D-17.06.01 |
| Appraisal Review |
The agency shall have an appraisal review process. A qualified reviewing appraiser shall examine all appraisals to assure that they meet applicable appraisal requirements and shall, prior to acceptance, seek necessary corrections or revisions. |
49 CFR 24.104; WAC 468-100-103 |
May be performed by a "qualified reviewing appraiser." |
PE-D-17.06.02 |
