Commercial Appraisal Review Form
Please fill out this form to submit a commercial appraisal review.
Appraisal Information
Property Address
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Appraisal Report Date
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Month
-
Day
Year
Date
Property Type
Appraisal Type
Sales Comparison
Income Approach
Other
Appraiser Name
First Name
Last Name
Appraisal Firm
Purpose of Appraisal
Intended Use
Intended User(s)
Scope of Work
Review Date
Reviewer's Name
First Name
Last Name
Date of Review
-
Month
-
Day
Year
Date
Reviewer's Credentials
Review Findings
Property Description
Adequacy of property description (including size, location, and characteristics)
Compliance with industry standards and guidelines
Other
Market Analysis
Appropriateness of the market analysis, including market trends and conditions.
Evaluation of the market data and comparables used.
Other
Highest and Best Use
Evaluation of the appraiser's highest and best use analysis.
Other
Approaches to Value
Review of the Sales Comparison Approach.
Review of the Cost Approach.
Review of the Income Approach.
Appropriateness of weight assigned to each approach.
Other
Valuation Conclusion
Appropriateness of the final estimate of value.
Assessment of any adjustments made to comparables.
Other
Data Sources
Review of the data sources used, including reliability and relevance.
Other
Compliance
Compliance with Uniform Standards of Professional Appraisal Practice (USPAP).
Compliance with state and federal regulations.
Other
Assumptions and Limiting Conditions
Assessment of the reasonableness of assumptions and limiting conditions.
Other
Supporting Documentation
Adequacy of supporting documentation, including maps, photographs, and exhibits.
Other
Additional Notes
Review Conclusion
The appraisal report is
Accepted as is.
Accepted with conditions
Not accepted
Specify Conditions
Specify Reasons
Date
-
Month
-
Day
Year
Date
Reviewer's Signature
Submit
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