What appraisals can the Registered Appraiser make (what appraisal assignments are not federally related transactions)?
Registered Appraisers can perform a number of appraisal assignments. Just a few examples of situations that may require appraisals that are not federally related transactions include the following: A) When couples get divorced it may be necessary to value property for division of the assets. B) Property owners who want to sell may want to know the value before offering if for sale. C) Purchasers of property should want appraisals to be sure they are not paying too much. D) When property owners die, the estate may need to be valued for tax purposes or the purpose of selling the property. E) When someone is in jeopardy of losing their property through forced sale (condemnation) they may challenge the price offered by the condemning authority.
