Appraisal Services Agreement Sample Contracts

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AGREEMENT FOR APPRAISAL SERVICES (ACQUISITION)
Appraisal Services Agreement • May 3rd, 2023

WHEREAS, the Agency proposes to acquire certain real property and desires that the Appraiser furnish the Agency certain services with respect to such property, including an appraisal of each parcel of the property, and the Appraiser represents that he or she is fully qualified to perform such services and will furnish such services personally; and

Matthew Mullet, Chief Financial Officer 1st Security Bank of Washington Mountlake Terrace, Washington 98043-2172 Dear Mr. Mullet:
Appraisal Services Agreement • March 1st, 2012 • FS Bancorp, Inc. • Savings institutions, not federally chartered

This letter sets forth the agreement between 1st Security Bank of Washington, Mountlake Terrace, Washington (the “Bank”), and RP® Financial, LC (“RP Financial”) for independent appraisal services in connection with the stock to be issued concurrent with the Bank’s proposed mutual-to-stock conversion transaction. The specific appraisal services to be rendered by RP Financial are described below.

RP® FINANCIAL, LC.
Appraisal Services Agreement • March 12th, 2021 • Catalyst Bancorp, Inc.

This letter sets forth the agreement between St. Landry Homestead Federal Savings Bank, Opelousas, Louisiana (the “Bank”), whereby the Bank has engaged RP Financial to provide the conversion appraisal services in conjunction with the proposed standard stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below.

RP® FINANCIAL, LC.
Appraisal Services Agreement • March 16th, 2007 • FSB Community Bankshares Inc

This letter sets forth the agreement between Fairport Savings Bank, Fairport, New York (the “Bank”), and RP® Financial, LC. (“RP Financial”) for the independent appraisal services in connection with the “Minority Stock Issuance” by a newly formed mid-tier stock holding company that will be a subsidiary of a newly formed mutual holding company (the “MHC”). The specific appraisal services to be rendered by RP Financial are described below.

THIS AGREEMENT (“Agreement”) is between CITIZENS PROPERTY INSURANCE
Appraisal Services Agreement • December 9th, 2015

CORPORATION (“Citizens”), a legislatively created Florida governmental entity, having its principal place of business at 2312 Killearn Center Blvd., Tallahassee, FL 32309, and CIS SPECIALTY CLAIM SERVICES, LLC (“Vendor”) having its principal place of business at 8260 Precindt Line Road, North Richland Hills, TX 76182.

April 3, 2012
Appraisal Services Agreement • June 15th, 2012 • Hamilton Bancorp, Inc.

This letter sets forth the agreement between Hamilton Bank, Towson, Maryland (the “Bank”), and RP® Financial, LC (“RP Financial”) for independent appraisal services in connection with the stock to be issued concurrent with the Bank’s proposed mutual-to-stock conversion transaction. The specific appraisal services to be rendered by RP Financial are described below.

APPRAISAL SERVICES AGREEMENT
Appraisal Services Agreement • June 25th, 2024

THIS SERVICES AGREEMENT (the “Agreement”), effective this day of , 20 , is made by and between Florida’s Best Public Adjusters and its partners, agents, representatives, directors owners, adjusters, contractors and employees collectively (“FLBESTPA”) and (“Insured”) (collectively, the “Parties”). Insured represents and warrants that he/she (they) is (are) the insured party, or is the duly authorized representative of the insured party, for the property(ies) identified above (the "Property") and may authorize the services hereunder and enter into this Agreement. By the Parties’ signatures below, the Parties agree as follows:

April 15, 2015
Appraisal Services Agreement • March 4th, 2016 • Randolph Bancorp, Inc. • Massachusetts

This letter sets forth the agreement between Randolph Savings Bank, Stoughton, Massachusetts (the “Bank”), the wholly-owned subsidiary of Randolph Bancorp (the “Company”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide independent conversion appraisal services in conjunction with the proposed conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.

RP® FINANCIAL, LC. Serving the Financial Services Industry Since 1988 May 11, 2010 Mr. Steven M. Klein Executive Vice President and Chief Financial Officer Northfield Bancorp, Inc. 581 Main Street, Suite 810 Woodbridge, New Jersey 07095 Dear Mr. Klein:
Appraisal Services Agreement • June 9th, 2010 • Northfield Bancorp, Inc.

This letter sets forth the agreement between Northfield Bank, the wholly-owned subsidiary of Northfield Bancorp, Inc. (the “Company”), which in turn is the majority-owned subsidiary of Northfield Bancorp, MHC, Woodbridge, New Jersey (the “MHC”), and RP® Financial, LC. (“RP Financial”) whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.

LandSafe Appraisal Services Agreement
Appraisal Services Agreement • September 21st, 2011
Appraiser Compliance and Service Level Agreement
Appraisal Services Agreement • March 4th, 2021

and Commerce Appraisal, LLC dba Street Smart Valutions, a California limited liability company (“Street Smart Valuations” “Vendor”) with its principal place of business at 3130 Crow Canyon Place, Suite 300, San Ramon, CA 94583.

August 11, 2014 Mr. Thomas E. Gdowski Equitable Financial Corp. Equitable Bank 113-115 North Locust Street Grand Island, NE 68801 Dear Mr. Gdowski:
Appraisal Services Agreement • March 12th, 2015 • Equitable Financial Corp. • Nebraska

This letter sets forth the agreement between Equitable Bank, Grand Island, Nebraska (the “Bank”), the wholly-owned subsidiary of Equitable Financial Corp. (the “Company”), which in turn is the majority-owned subsidiary of Equitable Financial MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second-step conversion transaction by the MHC. The scope, timing and fee structure for these appraisal services are described below.

AGREEMENT FOR APPRAISAL SERVICES‌
Appraisal Services Agreement • July 23rd, 2020

This Agreement between Illinois-American Water Company, an Illinois corporation, with its principal office located at 100 North Water Works Dr., Belleville, IL 62223 ("Owner") and Goodman Appraisal Consultants LLC, a Wisconsin corporation, with its principal office located at 6260 S. Lake Drive #718, Cudahy, WI 53110 ("Appraiser") is effective as of first of October 2018.

RP® FINANCIAL, LC. Financial Services Industry Consultants
Appraisal Services Agreement • September 14th, 2009 • OBA Financial Services, Inc.

This letter sets forth the agreement between OBA Bancorp, MHC, Germantown, Maryland (the “Company”), and RP® Financial, LC. (“RP Financial”) for the independent appraisal services in connection with the stock to be issued concurrent with the mutual-to-stock conversion transaction and holding company reorganization. The specific appraisal services to be rendered by RP Financial are described below.

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Appraisal Services Agreement • November 8th, 2017
Mr. Brian W. North President and Chief Executive Officer Fifth District Savings Bank
Appraisal Services Agreement • March 8th, 2024 • Fifth District Bancorp, Inc.

This letter sets forth the agreement between Fifth District Savings Bank, New Orleans, Louisiana (the “Bank”), a federally-chartered mutual savings bank and RP Financial, LC (“RP Financial”). In this regard, the Bank has engaged RP Financial to provide the independent conversion appraisal services in conjunction with the conversion transaction. The scope, timing and fee structure for these appraisal services are described below.

AGREEMENT FOR APPRAISAL SERVICES
Appraisal Services Agreement • March 20th, 2018 • Colorado

THIS AGREEMENT (“Agreement”) is entered into this 26th day of March, 2018, by and between PUEBLO, a Municipal Corporation, hereinafter referred to as the "City," and Williams Valuation LLC, hereinafter referred to as the "Appraiser."

Mr. John S. Fitzgerald President and Chief Executive Officer Magyar Bancorp, Inc. / Magyar Bank New Brunswick, New Jersey 08901 Dear Mr. Fitzgerald:
Appraisal Services Agreement • March 15th, 2021 • Magyar Bancorp, Inc. • Savings institution, federally chartered • Virginia

This letter sets forth the agreement between Magyar Bank, New Brunswick, New Jersey (the “Bank”), wholly-owned by Magyar Bancorp, Inc. (the “Company”), which in turn is the mid-tier holding company majority owned by Magyar Bancorp, MHC (the “MHC”), collectively, “Magyar” or the “Company,” and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with Magyar’s second step conversion offering.

Mr. Douglas S. Gordon President and Chief Executive Officer Waterstone Financial, Inc. / WaterStone Bank, SSB 11200 West Plank Court Wauwatosa, Wisconsin 53226 Dear Mr. Gordon:
Appraisal Services Agreement • June 7th, 2013 • Waterstone Financial, Inc.

This letter sets forth the agreement between WaterStone Bank, SSB, Wauwatosa, Wisconsin (the “Bank”), the wholly-owned subsidiary of Waterstone Financial, Inc. (the “Company”), which in turn is the majority-owned subsidiary of Lamplighter Financial, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.

EXHIBIT 99.1
Appraisal Services Agreement • June 18th, 2004 • Lincoln Park Bancorp
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RP® FINANCIAL, LC. Financial Services Industry Consultants May 4, 2007 Mr. Robert J. Larison, Jr. President and Chief Executive Officer Atlantic Coast Federal Corporation 505 Haines Avenue Waycross, Georgia 31501 Dear Mr. Larison:
Appraisal Services Agreement • June 28th, 2007 • Atlantic Coast Financial CORP

This letter sets forth the agreement between Atlantic Coast Federal Corporation (the “Company”), the majority owned subsidiary of Atlantic Coast Federal MHC, Waycross, Georgia, and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step. Atlantic Coast Bank (the “Bank”) is wholly-owned by the Company. The specific appraisal services to be rendered by RP Financial are described below.

April 11, 2012
Appraisal Services Agreement • June 13th, 2012 • LaPorte Bancorp, Inc. • Virginia

This letter sets forth the agreement between LaPorte Savings Bank, LaPorte, Indiana (the “Bank”), the wholly-owned subsidiary of LaPorte Bancorp, Inc. (the “Company”), which in turn is the majority-owned subsidiary of LaPorte Savings Bank, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.

AGENDA
Appraisal Services Agreement • July 7th, 2020
March 5, 2019
Appraisal Services Agreement • June 7th, 2019 • Provident Bancorp, Inc. /MD/ • Massachusetts

This letter sets forth the agreement between The Provident Bank, Amesbury, Massachusetts (the “Bank”), a state-chartered bank wholly-owned by Provident Bancorp, Inc. (the “Company”), which in turn is majority owned by Provident Bancorp, a mutual holding company (the “MHC”), collectively “Provident” or the “Company,” and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with Provident’s second step conversion offering.

Council Bill 2019-130 Deborah Pearson & Co. Inc., Appraisal Services Agreement for 32nd Street Widening Project
Appraisal Services Agreement • May 28th, 2019

This Council Bill Authorizing the approval of an agreement with Deborah Pearson & Co. Inc. in the amount not to exceed Fifty One Thousand Four Hundred Eighty and No/100 Dollars ($51,480.00) for appraisal services.

RP® FINANCIAL, LC. Serving the Financial Services Industry Since 1988
Appraisal Services Agreement • July 12th, 2011 • West End Indiana Bancshares, Inc.

This letter sets forth the agreement between West End Bank, S.B., Richmond, Indiana (the “Bank”), the wholly-owned stock subsidiary of West End Bank, MHC, and RP® Financial, LC. (“RP Financial”) for independent appraisal services in connection with the stock to be issued concurrent with the mutual-to-stock conversion transaction and stock bank holding company reorganization.

Council Bill 2020-179 Sage Valuations Appraisal Services Agreement for Connecticut Avenue Widening Project, 32nd St. to I-44
Appraisal Services Agreement • April 8th, 2020

This Council Bill authorizes the City Manager or his designee to approve an Agreement with Sage Valuations in the amount of Ninety-Four Thousand and 00/100 dollars ($94,000.00) for appraisal services for the Connecticut Avenue Widening Project, 32nd St. to I-44.

SAMPLE CONTRACT
Appraisal Services Agreement • March 31st, 2023 • Texas

Contractor agrees and covenants that it shall immediately notify the City of Houston Director of Human Resources if any safety impact positions are established to provide services in performing this City Contract.

APPRAISAL SERVICES AGREEMENT NEBRASKA DEPARTMENT OF TRANSPORTATION
Appraisal Services Agreement • April 24th, 2019 • Nebraska

THIS AGREEMENT is between the Nebraska Department of Transportation ("State") and Consultant name ("Consultant”), collectively referred to as the “Parties”.

RP® FINANCIAL, LC.
Appraisal Services Agreement • March 11th, 2016 • FSB Bancorp, Inc.

This letter sets forth the agreement between Fairport Savings Bank, Fairport, New York (the “Bank”), the wholly-owned subsidiary of FSB Community Bankshares, Inc. (the “Company”), which in turn is the majority-owned subsidiary of FSB Community Bankshares, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second-step conversion transaction by the MHC. The scope, timing and fee structure for these appraisal services are described below.

RP® FINANCIAL, LC.
Appraisal Services Agreement • September 22nd, 2006 • Mainstreet Financial Corp

This letter sets forth the agreement between MainStreet Savings Bank, FSB, Hastings, Michigan (the "Bank"), a wholly-owned subsidiary of MainStreet Financial Corporation, MHC (the "MHC"), and RP® Financial, LC. ("RP Financial") for the independent appraisal services in connection with the "Minority Stock Issuance" by a newly-chartered mid-tier stock holding company formed in conjunction with the Minority Stock Issuance. On a post-offering basis, the mutual holding company structure will be preserved. The specific appraisal services to be rendered by RP Financial are described below.

Serving the Financial Services Industry Since 1988
Appraisal Services Agreement • February 11th, 2011 • Poage Bankshares, Inc.

This letter sets forth the agreement between Home Federal Savings and Loan Association, Ashland, Kentucky (the “Bank”), and RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services pertaining to the Bank’s simultaneous holding company formation and mutual-to-stock conversion. The specific appraisal services to be rendered by RP Financial are described below. These services will be conducted by our senior consulting staff and will be directed by the undersigned.

RP® FINANCIAL, LC.
Appraisal Services Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc.

This letter sets forth the agreement between Heritage Bank of St. Tammany, Covington, Louisiana (the “Bank”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent appraisal services in conjunction with the conversion stock offering concurrent with the reorganization and formation of a bank holding company (the “Company”). The scope, timing and fee structure for these appraisal services are described below.

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