ASSUMPTIONS AND LIMITING CONDITIONS. This appraisal report and valuation contained herein are expressly subject to the following assumptions and/or conditions:
1. It is assumed that the data, maps and descriptive data furnished by the client or his/her representative are accurate and correct. Photos, sketches, maps, and drawings in this appraisal report are for visualizing the property only and are not to be relied upon for any other use. They may not be to scale.
2. The valuation is based on information and data from sources believed reliable, correct and accurately reported. No responsibility is assumed for false data provided by others.
3. No responsibility is assumed for building permits, zone changes, engineering or any other services or duty connected with legally utilizing the subject property.
4. This appraisal was made on the premise that there are no encumbrances prohibiting utilization of the property under the appraiser’s estimate of the highest and best use.
5. It is assumed that the title to the property is marketable. No investigation to this fact has been made by the appraiser.
6. No responsibility is assumed for matters of law or legal interpretation.
7. It is assumed no conditions existed that were undiscoverable through normal diligent investigation which would affect the use and value of the property. No engineering report was made by or provided to the appraiser.
8. Unless otherwise stated in this report, the existence of hazardous material, which may or may not be present on the property, was not observed by the appraiser. The appraiser has no knowledge of the existence of such materials on or in the property. The appraiser, however, is not qualified to detect such substances. The presence of substances such as asbestos, urea-formaldehyde foam insulation, or other potentially hazardous materials may affect the value of the property. The value estimate is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for any such conditions, or for any expertise or engineering knowledge required to discover them. The client is urged to retain an expert in this field, if desired.
9. The value estimate is made subject to the purpose, date and definition of value.
10. The appraisal is to be considered in its entirety, the use of only a portion thereof will render the appraisal invalid.
11. Any distribution of the valuation in the report between land, improvements, and personal property applies ...
ASSUMPTIONS AND LIMITING CONDITIONS. Legal Matters
ASSUMPTIONS AND LIMITING CONDITIONS. The reviewer did not make an independent search of applicable market, cost and income data and assumes that the data provided by the appraiser is a true, accurate and complete representation of the data available for the valuation of the subject property under this review. The review performed is a desk review. A personal inspection of the subject was not performed. A comparable sales or independent verification of the cost and market data was not performed. This review will only accept or reconcile the appraisers’ final valuation to recommend compensation based on the appraisals. The reviewer will assume that the title and legal description provided by the appraisers are accurate. The reviewer assumes that all pictorial images of the subject and the comparable sales are accurate. The appraisal report is of a partial taking of utility easements rather than in full fee title. Therefore, the reviewer will assume that all aspects of the compensation will be considered as damages except for those items that cannot be relocated or replaced.
ASSUMPTIONS AND LIMITING CONDITIONS. This appraisal report and valuation contained herein are expressly subject to the following assumptions and/or conditions:
