Laserfiche WebLink
d) Provide Owner with a recommendation for condemnation for each <br />parcel referred to Owner for condemnation per the Real Estate Division <br />manual. <br />3) Appraisal Problem Analysis - Prepare an Appraisal Problem Analysis for <br />each parcel in accordance with the current Indiana Department of <br />Transportation’s Real Estate Division Manual at the time the services are <br />provided. The Appraiser performing said work shall be a licensed appraiser <br />in the State of Indiana and an approved Review Appraiser for INDOT. <br />4) Waiver Valuation - Prepare a waiver valuation for each parcel as <br />recommended by the approved Appraisal Problem Analysis, in accordance <br />with the current, INDOT Appraisal Manual, and Indiana Law. If applicable <br />the report shall comply with the Uniform Standard of Professional Appraisal <br />Practice (USPAP) <br />5) Appraisal Services <br />a) Prepare an Appraisal for each parcel as recommended by the approved <br />Appraisal Problem Analysis by a licensed appraiser in the State of <br />Indiana and an INDOT qualified Appraiser. <br />b) All Appraisals shall comply with the following: <br />• Uniform Relocation Assistance and Real Property Acquisition <br />Policies Act of 1970, (URA) Public Law 91-646 dated January 2, <br />1971 (The Uniform Act). All Appraisals must conform to Title III <br />of the Uniform Act and appropriate Federal regulations. <br />• 49 CFR (Code of Federal Regulations) Part 24; updated January 4, <br />2005; Uniform Relocation Assistance and Real Property <br />Acquisition for Federal and Federally Assisted Programs; Final <br />Rule. <br />• Uniform Standard of Professional Appraisal Practice (USPAP) <br />• Current INDOT Appraisal Manual at the time the appraisals are <br />performed: INDOT Real estate Division. <br />• Indiana Law <br />6) Review Appraisal Services - Prepare a Review Appraisal for each parcel as <br />recommended by the approved Appraisal Problem Analysis by a licensed <br />appraiser in the State of Indiana and an INDOT qualified Review Appraiser. <br />The appraisals under review will comply with the following: <br />a) Uniform Relocation Assistance and Real Property Acquisition Policies <br />Act of 1970, (URA) Public Law 91-646 dated January 2, 1971 (The <br />Uniform Act). All Appraisals must conform to Title III of the Uniform <br />Act and appropriate Federal regulations. <br />b) 49 CFR (Code of Federal Regulations) Part 24; updated January 4, <br />2005; Uniform Relocation Assistance and Real Property Acquisition <br />for Federal and Federally Assisted Programs; Final Rule. <br />c) Uniform Standard of Professional Appraisal Practice (USPAP) <br />d) Current INDOT Appraisal Manual at the time the review appraisals <br />are performed: INDOT Real estate Division.