Appraisement Report Template

APPRAISEMENT REPORT TEMPLATE

Parties and Identifiers

Client Name:

Firm:    License/Cert. No.:

Property Identification

WHEREAS Recitals

WHEREAS, Client Name: engaged Appraiser: to prepare an appraisement report for the Property identified above for the purpose of determining market value as of the Effective Date below;

WHEREAS, Appraiser will perform inspection, relevant research, and analysis in accordance with the Scope of Work set forth in this report and will prepare a written appraisal conclusion reflecting Appraiser's opinion of value subject to stated assumptions and limiting conditions;

WHEREAS, the parties desire to memorialize the scope, fees, certifications and terms governing preparation and delivery of the appraisal in this Appraisement Report Template.

Inspection and Dates

Inspection Date:    Effective Date of Valuation:    Date of Report Issuance:

Scope of Work

The Scope of Work describes the research, analysis, and reporting tasks performed to develop the appraisal. Include the extent of inspection, data sources, and analyses employed to reach conclusions.

Methodology and Sources

State the valuation approaches considered (Sales Comparison, Cost, Income) and primary data sources relied upon. Identify any adjustments and analytic techniques utilized.

Valuation Summary and Conclusions

Opinion of Market Value (as of Effective Date): $

Assumptions and Limiting Conditions

Payment Terms

Total Fee: $

Late Fee: on overdue balances. Payment due within days of invoice.

Payable To:

Term and Termination

Commencement Date:    Termination Date (if applicable):

Either party may terminate this engagement for cause upon written notice delivered to the other party. Required notice period: days. Termination does not relieve Client of obligation to pay for services performed to the termination date.

Confidentiality

Appraiser and Client acknowledge that the report and underlying data are confidential and shall not be disclosed to third parties except as required by law, as agreed in writing, or as necessary for enforcement of payment or professional obligations. If disclosure is compelled, the disclosing party will give prompt written notice to the other party to permit seeking protective relief.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of law principles.

Entire Agreement

This Appraisement Report Template, including all attachments, represents the entire agreement between Client and Appraiser concerning the subject matter and supersedes all prior negotiations, representations or agreements, whether written or oral. Any amendment must be in writing and signed by both parties.

Certification by Appraiser

The undersigned certifies that to the best of their knowledge the statements in this report are true and the analysis, opinions and conclusions are limited only by the reported assumptions and limiting conditions. The appraiser has no undisclosed interest in the property and has performed no services that would create a conflict of interest that impairs impartiality.

Appraiser Qualifications / Summary:

Assent and Acceptance

By signing below, Client acknowledges receipt of the appraisal report, agrees to pay the fees pursuant to Payment Terms, and accepts the assumptions and limiting conditions contained herein.

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