Severance Valuation Consultation Process Sample Clauses

Severance Valuation Consultation Process. For acquisition of a portion of a parcel, at the time that the specific intended acquisition acreage has been identified and described in writing to the landowner, and early in the appraisal process before an appraisal has been prepared by the CHSRA’s appraiser, the CHSRA shall offer the landowner (and its representatives) the opportunity to meet with representatives of the CHSRA and its appraiser to discuss the impacts to the remainder portion of the parcel for purposes of appraising the same. If the landowner accepts this opportunity within 15 days of receipt (which time period shall be stated in the offer), the CHSRA shall convene this meeting to occur before the appraiser prepares the appraisal and the appraiser shall take into consideration all of the information provided by the landowner with respect to the valuation of severance damages from the CHSRA’s proposed acquisition. CHSRA agrees to make its best efforts to apply the intent of this provision to parcel acquisition appraisals already underway or completed as of the Effective Date of this Agreement.
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Related to Severance Valuation Consultation Process

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