This is a contract between an employer and an independent contractor who is hired to perform appraisals for prospective clients.
Appraisal Agreement Form For Investment Property
State:
Multi-State
Control #:
US-INDC-21
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Appraisal Agreement - Self-Employed Independent Contractor?
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FAQ
Fair value is the price at which the property could be exchanged between knowledgeable, willing parties in an arm's length transaction, without deducting transaction costs (see IFRS 13). Under the cost model, investment property is measured at cost less accumulated depreciation and any accumulated impairment losses.
An investment appraisal should be undertaken whenever a decision has to be reached which would involve the commitment of resources, or which would result in measurable benefits. Appraisal enables decisions to be made with a clear understanding of the costs and benefits of different choices.
Investment appraisal is one of the eight core topics within Financial Management and it is a topic which has been well represented in the exam. The methods of investment appraisal are payback, accounting rate of return and the discounted cash flow methods of net present value (NPV) and internal rate of return (IRR).
NPV, IRR and PI investment appraisal methods all make use of the Discounted Cash Flow technique, which is now generally accepted as providing the best decision model for investment appraisal, in that cash flows, if properly recorded, are a robust measure of a project's viability.
What is a Small Residential Income Property Appraisal Report (Form 1025)? This is the industry-standard appraisal report type for 2-4 unit residential properties. It is the most commonly used report format for two to four unit residential income property appraisals.