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REAL ESTATE APPRAISAL • ADVISORS REAA <br /> Page 2 <br /> Phase I Phase H <br /> Residential $275 $525 <br /> Commercial $1,20041,500 $1,800 - $3,000 <br /> Apartment $900- $1,200 $1,500- $2,500 <br /> Any court testimony, hearings, etc., will be additional and billed at our current rate schedule. <br /> For your reference we bill at the following rate schedule: <br /> Principle ................... ............................... $125/Hour <br /> Staff Appraisers ................ ............................... $ 85/Hour <br /> Clerical & Research ............. ............................... $ 45/Hour <br /> We wr7l need the folowing information to complete the appralsal/sl: <br /> 1. Set of plans and specifications. <br /> 2. List of fixtures and equipment <br /> 3. Cost statement for new construction, ff appricable. <br /> -+ 4. Any projections, proforma, site studies or financial data <br /> 5. Certificate of surveys ff available. <br /> 6. Purchase Agreements, lease agreements, etc., relating to land or buildings <br /> Respectfully submitted, <br /> REAL ESTATE APPRAISAL ADVISORS <br /> Fctei I. air, hfAl, SRA t <br /> MN Lic n Number: 4001095 <br /> Expirati n Date: 8/31/97 <br /> *:::.:::, e.:. s.. r*. a.** �: x:::::: x.: sr.**.. �**.*:. M . : * : :..� * * : +�.sa� * : :. :xs +s *■ * ** <br /> / do hereby authorize Real Estate AppraisalAdvisors <br /> to conduct the appraisal under the terms and conditions outlined above. It is further understood that <br /> while no retainer is required to start the work, the fee will be paid within 10 working days of the <br /> receipt of the completed appraisal. <br /> Signed: Dated: <br />