Wednesday, November 2, 2011

Yellow Book Appraisal Resource

Appraisals for Federal land acquisitions have a special set of documentation requirements that are different from the typical report prepared under the Uniform Standards of Professional Appraisal Practice (USPAP).

The Yellow Book - Uniform Appraisal Standards for Federal Land Acquisitions - can be purchased or downloaded from a couple of online sources.  The Department of Justice provides a link that appears to identical to the published hardcopy version of the textbook (ISBN: 0-922154-66-X). 


For reference, it is probably worthwhile to have a copy of USPAP available.  Perhaps, modifying USPAP's Advisory Opinion No. 11 to incorporate the special topics from the Yellow Book is a worthwhile exercise.  Keeping the similarities and differences between USPAP and Yellow Book in focus may be helpful for some readers.


Another interesting resource has been published by a real estate school based in Florida and is linked to a publication of the Department of Business and Professional Regulation in Florida.  Jumping past the first few pages and looking at the reference section in the addenda.  There are several documents and court cases cited for support documentation.  


A large project that is coming through the farm fields and towns of the San Joaquin Valley is California's Bullet Train.


Ciao!

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