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<br />REAL ESTATE SERVICES FEE SCHEDULE
<br />Rls ht of Way Mana enderit Services
<br />of way Mlanag ement Includes: all processea, procedures, observations, data entry into Li and management of all services needed to clear the right of way, including all the necessary
<br />as to certify the right of way, which has to be acquired to clear the projeot(s) for construction. AT processes and procedures shall he based on the Federal Highway Administration Rules and
<br />ations as well as [hie ll iDOT Real Estate Manual located M WpJAviv in. govfinclo02493.1tm. All services listed below shall he required within the Right of Way Service Managementscope of
<br />Report Type I .. ._ Per Parcaf Fee
<br />Samoa$ fee
<br />Early Assessment Rig lit of Way Cost Eathmate
<br />Early Assessment Real Estate Cast Estimate includes: all processes„ procedures and observations to complete aReal Estate Cost Estimate assignment; including completion of the INDOT Real
<br />Estate Cost Estimate Spreadsheet. The Real Estate Cost Estimate includes and not limited to the research., analysis and reporting ofthe real estate costs, incbudingland cost, land improvement
<br />costs, temporary TV costs, damages, special benefits, cost to cures and improvements acquired and a breakdown ofthe appraisal report types. The Estimate will include the costs of reldcation and
<br />condemnation. The real estate cost will be based upon market data in the project location; Copies of file supporting market data used in the cost analysis will accompany the spreadsheet. The
<br />Consultant will be responsible for completing all LRS data entry associated with the cost estimate assignment.
<br />The $130,00 per parcel fee is applicable up to 50 parcels, the fee for projects larger than 50 will be negotiated based upon complexity..
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<br />Appraisal Problem Analysts includem all processes, procedures and observations to complete an Appraisal Problem Analysis per Scope of Work assignment based on Federal Highway
<br />Administration rules and regulations and the INDOT Appraisal Manuah including and not limited to; current photo of the subject properly and approximate area of biHog (3,5 X 5" minimum photo size);
<br />aerial of the site; erigineer's plat, area computation sheet; estimated setback of improvements on damaged properties; electronic copies of reports: Notice to Owner Lotter; 1 original report and 2
<br />copies ofthe report, etc. Waiver Valualion Includes: all processes, procedures and observations to complete a vialver valuation report. per Scope of Wark assignment, based on Federal Highway
<br />Administration rates and regulations and ilia IINDOT Appraisal Manual; includes current photos. Appraisal) IReports to Include: all processes procedures and observations to compiele a waiver
<br />valuation report per Scope of Work assignment, based on Federal Highway Administration rules and regulations and the INDOT Appraisal Manual. includes Scope of Work; ownercontact letter,
<br />'Towner coul. necessary corrections of appraiser's work; color photos ofthe subject property exlenor front, back and sides, interior photos as necessary (3,5" X 5' minimum photo size);
<br />TAv plan sheet ofthe subject property, aerials ofthe subject; property tax card; Name Change Form with supporting documents for ownership change; confirmed 91$ address for property location
<br />((estimated if vacant land) May also include teasehold interest analysis„ llistof personal and realty items;. time in ordering and analyzing cost to cure items; obtain and review of FF& E. appraisals also
<br />include 2 copies of report, I green report copy with Confdenlial Document cover page, 1 additional white copy if relocation applies and input information into LRS, etc.
<br />Report Type
<br />Per Parcel Fee
<br />Appraisal Problem Analysis (ARA)
<br />$235...
<br />Waiver Valuation: Any Property Type (improved or Unimproved) CYC oasirn etee not to exreae $600 smhnaurm4 MOOT ;msvpn',rw'es
<br />$630
<br />Value Finding: Any Property Type (improved or Unimproved)
<br />$1.785
<br />Shoo Form: Any Property Type (Improved or Unlimprovedj
<br />$2,625
<br />Short Form: Residential 1 Ag (with affected improvements or a total take)
<br />$2,940
<br />Short Form: Commercial I Industrial I Multi -Family I Special f Billboard (with affected improvements or a total take)
<br />$4,200
<br />Long Fenn: Any Property Type (Unimproved)
<br />$3,150..
<br />Lang Form: Residential f Ag (Impravedl)
<br />$4,200
<br />Long Form: Commercial' I )Industrial l Mulf-Familyf Special (Improved)-
<br />$10„500
<br />Excess Land Appraisal
<br />$600
<br />Appraisal tees are Se¢ ny INUUI trewew Appraisers or ouperwsouu wnerts ire ,vrn 15 u.w upre,e
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<br />Appraisal Review Reports to Include: all processes, procedures and observations to complete Appraisal Review Report per Scope of Work assignment, based on Federal Highway Administration
<br />rules and regulations and the INDOT Appraisal Manual. Mentor to appraiser and maintain project consistency. Includes Scope of work; necessary corrections of reviewer's work and may also
<br />include appraisers work. May also need to review FF& E appraisals; provide relocatiort, breakout.. Attach review document to all necessary appraisal repel copies.
<br />provide electronic copy of ail comparable data and Input information into LRS, at,
<br />Report Type
<br />Per Parcel Fee
<br />waiver Valuation Any Property Type (Improved or Unimproved)...
<br />$370
<br />Value Finding: Any Property Type (improved or Unimproved)
<br />$895
<br />Shad Form: Any Property Type (Improved or Unimproved}
<br />$1,260
<br />Short Farm: Residential I Ag (with affected improvements or a total take)
<br />$11420
<br />Shoo Form: Commercial f Industrial I Multi -Family/ Special Billboard (with affected improvements, or a total take)
<br />$2,000
<br />Long Form: Any Property Type (Unimproved)
<br />$1,500
<br />Long Form: Residential d Ag (Improved)
<br />$2,000
<br />Long Form: Commercial t Industdal I Multi -Family 1 Special (Improved)
<br />$4,830
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<br />Buying Assignments include: thorough review of the plains; review and update ofthe title Information; review and understand the appraisal; preparation of offer matedats: delivery of the offer to the
<br />ownership irterest; with an explanation of the project, plans. and acquisition procedures, either in person or by certified mall; addressing all owners concerns and determining whether plan changes
<br />or appraisal review are justified, with proper documentation of having dame it; gather information regarding obvious environmental concerns; preparation of all ms9rum misfdocuments and obtaining
<br />all necessary signatures to provide clear title; assembly of the parcel for submission; and submitting the completed parcel within the target date and input information into LRS.. at,
<br />Report Type
<br />Per Parcel Fee
<br />Total I Partial Acquisition
<br />$1,785
<br />Temporary 1 Access Rights
<br />$1,470
<br />Buying Review
<br />$300
<br />Baying tees are set oy ii roul nuyers aupervrsors
<br />Relocation Assignments Include: Inputting data Into IRS, onsite meetings with assigned appraiser to determine real and personal property. initial Relocation meeting with the displaces, to explain
<br />all eligible entlitlements and to offer Advisory Services, provide an ongoing list of avallaNe comparable properties, processing all needed claim vouchers for eligible entitlements and provide local
<br />services information to displacee. All assignments must be cumpiiant with state and federal regulations as well as ItJDOT's Real Estate manual.
<br />Report Type
<br />Payment Schedule
<br />Per Parcel fee
<br />Residential Ownerr' Tenant
<br />70% payment when a 90-Day is issued - 30 % eayni when R V da cleared.
<br />$3,725
<br />7WW/payment when move amount is determined andapproved by INDOT and the W-Day Notice has been issued -
<br />$3,725
<br />.''..Business Owner! Tenant
<br />30f payment when RNv is cleared.
<br />-
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<br />70% payment when move is determined and approved by INDOT and 90 Day is issued - 30% payment when R✓4v'
<br />$1,575
<br />Personas Property Orvly
<br />is cleared
<br />Residential and Business
<br />100%once the parcel is compliantand closed
<br />$1 050
<br />Personal Property Move
<br />100%once the parcel Is compliant and closed
<br />$400
<br />Only Review
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<br />>190,
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<br />REVISED: 09/2017 Any deviatlon from the above established fee schedule will require pre-approva)'.
<br />Revised fee schedule will be effective for new assignments on or after 10/1 j2017.
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