AppraisalEditor® 2600 Series Word.doc:

Code # 2632 - Evaluation: Land Appraisal; Non- Licensed Professional Report Format

(Purchase REG Model Book #302007 for Applied Use)

When to Use This Product:

The AppraisalEditor® 2600 Series Commercial Real Estate Narrative Appraisal Report Word.doc Code #2632 - Evaluation: Land Appraisal; Non-Licensed Professional Report Format was designed to conform to a Summary Appraisal Report Option conforming to the minimum requirements of USPAP which can readily be modified in use by a copy, paste and deletion process to achieve the assignment Scope of Work requirements. There is no programming involved with this Word.doc product that will prevent you from readily using it to its full extent in developing your evaluation report. The TABLE OF CONTENTS for this evaluation report is shown on the right side of this page.

This AppraisalEditor® evaluation format considers requirements of the "Interagency Appraisal and Evaluation Guidelines," dated October 27, 1994, known as OCC Bulletin 94-55 published under the direction of the Office of the Comptroller of the Currency (OCC); Federal Deposit Insurance Corporation (FDIC); the Board of Governors of the Federal Reserve System (FRS); and the Office of Thrift Supervision (OTS).

Federal regulations state that an evaluation is not regarded to be an appraisal assignment and does not need to conform to the Uniform Standards of Professional Appraisal Practice (USPAP) and does not require the services of a licensed appraiser. Banking system evaluations employ either bank employees or independent real estate consultants such as REALTORS or not yet licensed appraisal trainees having experience in the immediate market area familiar with commercial real estate.

See your bank clients about this additional business opportunity. Obtain approval for your use of this AppraisalEditor® Word.doc evaluation format for this type of appraisal related business!

Jim Kramer, MAI
the Appraisal Editor®
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Call me: 1-952 543 1047