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1999-04-28
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1999-04-28
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11/18/2011 2:27:12 PM
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consider and analyze the effect on value, if any, of the terms and conditions of the leases." <br /> Explanation of Departure: Not applicable to this appraisal problem. <br /> Standard Rule 1 - (e) "consider and analyze the effect on value, if any, of the assemblage of the <br /> various estates or component parts of a property and refrain from estimating the value of the whole <br /> solely by adding together the individual values of the various estates or component parts:" <br /> Explanation of Departure: Not applicable to this appraisal problem. <br /> Standard Rule 1 (h) "appraise proposed improvements only after examining and having available <br /> for future examination: (i) plans, specifications, or other documentation sufficient to identify the <br /> scope and character of the proposed improvements; (ii) evidence indicating the probable time of <br /> completion of the proposed improvements; and (iii) reasonable clear and appropriate evidence <br /> supporting development costs, anticipated earnings, occupancy projections, and the anticipated <br /> competition at the time of completion:" <br /> Explanation of Dew ore: Not ... ic-ble • 's app ,: 4 pro. em. <br /> Signatnr `�IA %t_ �`G/ ► >%` <br /> �� ulie effre l'w.. , t *fie. -neral A.. ai • - r <br /> Date Signed: April 22, 199 <br /> State Certification: Minn. #4002423 <br /> 19 <br />
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