Valuation Standards

• Introduction
• Valuation Process
  1. Definition of the Problem
     • Identifying the Real Estate
     • Property Interests and Rights
     • Valuation Date
     • Highest and Best Use Analysis
     • Real vs. Personal Property
     • Special Conditions
  2. Preliminary Analysis, Data Selection and Analysis
     • Avoiding Errors of Omission or Commission
  3. Approaches to Values
  4. Reconciliation of Value Indications
  5. Report Preparation
• Definitions
• Footnotes
• Appendix