What are some Common Commercial Appraisal Reports?
Short Form Report We offer a low cost short form “Limited Commercial/Industrial/land Appraisal and Summary Report”. It has been widely accepted for use where a more lengthy narrative report is not necessary. It can be used for uncontested matrimonial, estate or financial planning, gift tax, bail bonds, partnership/corporate buyout or to establish fair market value for sellers or purchasers. It is available for use on small non-complex commercial & industrial properties or vacant land (except subdivision). The appraiser’s description of the physical characteristics of the property will be obtained from reliable data sources and either an interior and exterior inspection or drive-by exterior inspection (when interior access is not possible or desired). The inspections take about half an hour to one hour, depending on the size of the building. Our “short form Commercial/Industrial Appraisal Report” typically consists of a letter of transmittal; brief neighborhood analysis; brief descripti
