| APPROACH_TO_VALUE | Information about the three recognized methodologies for determining real property value: cost approach, sales comparison approach and income approach. The appraiser will identify which of the approaches were applicable in his opinion and applied in the assignment. The appraiser considers the scope of work, definition of value, subject property characteristics, and the quality and quantity of data available for each approach.Information about the three recognized methodologies for determining real property value: cost approach, sales comparison approach and income approach. The appraiser will identify which of the approaches were applicable in his opinion and applied in the assignment. The appraiser considers the scope of work, definition of value, subject property characteristics, and the quality and quantity of data available for each approach. |
| EXTENSION | |
| SCOPE_OF_WORK | Contains the details pertinent to the appraisal assignment that the appraiser must accept and abide by in the fulfillment of an appraisal assignment.Contains the details pertinent to the appraisal assignment that the appraiser must accept and abide by in the fulfillment of an appraisal assignment. |
| VALUATION_ANALYSES | Information about one or more VALUATION ANALYSIS elements. Contains all occurrences of VALUATION ANALYSIS.Information about one or more VALUATION ANALYSIS elements. Contains all occurrences of VALUATION ANALYSIS. |
| VALUATION_FORMS | |
| VALUATION_RECONCILIATION | |
| VALUATION_REPORT_DETAIL | Information including the signature date, identification, and other facts about the valuation report.Information including the signature date, identification, and other facts about the valuation report. |
| VALUATION_REVIEW | |
| VALUATION_UPDATE | |