Uniform Appraisal Standards For Federal Land Acquisitions

These standards have been prepared to promote uniformity in the appraisal of real property among the various agencies acquiring property on behalf of the U.S., by both direct purchase & condemnation. Contents: standards for approaching the solution to certain recurring appraisal problems (cost approach, income approach, highest & best use, etc.); data documentation & appraisal reporting standards (zoning & other land use regulations, contents of appraisal report, etc.); general standards of a miscellaneous nature (impartiality, witness composure, leasehold takings, etc.). Cases & statutes.

The litigation environment -- Origin of eminent domain and just compensation -- Legal measurements of just compensation -- Property rights -- The larger parcel -- Highest and best use -- Land use regulations -- Cost approach to value -- Income capitalization approach to value -- Sales comparison approach to value -- Subdivision development analysis -- Construction of the public improvement -- Damages in partial taking cases -- Benefits--general and special -- Easements -- Inverse condemnation and regulatory takings -- Writing the report -- Preparation for trial -- The expert witness