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Dissecting a Commercial Appraisal Report

TASA ID: 1813

There are two styles of written appraisal reports: narrative and form (U.R.A.R.).  This article only deals with narrative reports.

While your focus is on proving that a bad appraisal caused or impacted a damages claim - and not on violations of The Uniform Standards of Professional Appraisal Practice (U.S.P.A.P.), due to a recent major change - you need a brief understanding of U.S.P.A.P. prior to January 1, 2016, where there were three types of written appraisal reports and now there are only two

A Primer on Business Valuation

TASA ID: 322

Even though some of the largest cases that attorneys handle involve valuing an entire business, very few attorneys can intelligently discuss business valuation. The subject is not a part of a typical law school curriculum.  Consequently, many attorneys and others feel that appraising a business and appraising a piece of real estate (a process with which most people in the business world are familiar) are the same process. The truth is that there are a few very basic overlapping theories of value, but few similarities beyond that. 
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