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Appraisal File #: Client File #: Residential Green and Energy Efficient Addendum Client: Subject Property: Form 820.04* City: State: Zip: Additional resources to aid in the valuation of green properties.

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Related content

Unlocking the Value of an Energy Efficient Home...
find news on the energy efficient real estate transaction as well as relevant tools. The...
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Bill Garber, Appraisal Institute
202-298-5586 bgarber@appraisalinstitute.org ... include them in the value of the home...
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Related links form

- Labor Ny Chair Rise Exercise - Cdc Tax Calendar Of Due Dates Pub. KS-1515 Rev. 10-08. Publications - Rvpolicy Kdor Ks Fire Alarm System Record Of Completion - Montgomery County, Maryland - Montgomerycountymd

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When your assignment objective is to develop an opinion of market value, you must address the question of the highest and best use for whatever you are valuing. That is, if you're valuing an improved property, you must address the question of the highest and best use as currently improved.

Here's a breakdown of the four criteria that Highest and Best Use must meet. Physically possible. You must consider the size, shape, topography, and accessibility of the site when determining if it is physically possible. ... Legally permissible. ... Financially feasible. ... Maximally productive.

The top level of appraisal license is the certified general appraiser license. This requires a total of 300 hours of course work, plus 3,000 hours of work experience and a degree. Certified general appraisers can assess the value of commercial and non-commercial properties of any value.

The four tests of highest and best use are: (1) legally permissible (2) physically possible (3) financially feasible and (4) most profitable. The first two tests are interchangeable in order and, in many circumstances, the last two are combined.

The Appraisal Institute is a global professional association of real estate appraisers, with over 16,000 professionals in almost 50 countries throughout the world. Our mission is to empower valuation professionals through community, credentialing, education, body of knowledge and ethical standards.

The Green Energy Efficient Appraisal Addendum is an updated addendum to the standard home appraisal form used by appraisers to verify the value of a home. The addendum provides the opportunity to supply additional green or energy efficient information about the home, such as: Third party certifications.

The Appraisal Institute defines highest and best use as “the reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible and that results in the highest value.” Appraisers typically apply four tests to determine that use.

The Appraisal Institute was established when the American Institute of Real Estate Appraisers (AIREA) and the Society of Real Estate Appraisers (Society) unified in January 1991.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232