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Uniform Appraisal Standards for Federal Land Acquisitions (Yellowbook) Appraisals
Federal Appraisal LLC regularly provides Yellowbook appraisals.
The federal government has their own set of standards for appraisals and appraisal reviews performed on properties that will be acquired by the federal government. These standards are noted in the Uniform Appraisal Standards for Federal Land Acquisitions (UASFLA).
The current edition of the Uniform Appraisal Standards for Federal Land Acquisitions (published in 2016) is the Sixth Edition. Federal Appraisal is well versed in the requirements and extra level of appraisal due diligence and reporting that is needed to comply with the standards set forth by the UASFLA.
These Yellowbook appraisals serve several purposes in the eminent domain process. They are intended to protect the property owner so that they receive just compensation. They also protect the federal government (and by extension, its citizens and taxpayers) to not overpay for a property.
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Uniform Relocation Act (URA) Compliant Appraisals
Federal Appraisal regularly performs appraisals that comply with the Uniform Relocation Act appraisal standards. URA compliant reports regularly also comply with Yellowbook standards, and Federal Appraisal routinely performs appraisals that comply with Yellowbook standards.
The Uniform Relocation Assistance and Real Property Acquisition Act (URA), is a federal law that establishes minimum standards for federally funded programs and projects that require the acquisition of real property (real estate) or displace persons from their homes, businesses, or farms. The URA's protections and assistance apply to the acquisition, rehabilitation, or demolition of real property for federal or federally funded projects.
The URA’s objectives are listed as follows:
To provide uniform, fair and equitable treatment of persons whose real property is acquired or who are displaced in connection with federally funded projects
To ensure relocation assistance is provided to displaced persons to lessen the emotional and financial impact of displacement
To ensure that no individual or family is displaced unless decent, safe, and sanitary (DSS) housing is available within the displaced person's financial means
To help improve the housing conditions of displaced persons living in substandard housing
To encourage and expedite acquisition by agreement and without coercion
Agencies conducting a program or project under the URA must carry out their legal responsibilities to affected property owners and displaced persons. Agencies should plan accordingly to ensure that adequate time, funding, and staffing are available to carry out their responsibilities.
Some of those responsibilities for Real Property Acquisition include:
Appraise property before negotiations
Invite the property owner to accompany the appraiser during the property inspection
Provide the owner with a written offer of just compensation and a summary of what is being acquired
Pay for property before possession
Reimburse expenses resulting from the transfer of title such as recording fees, prepaid real estate taxes, or other expenses
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By Solution
Business Interruption Consulting, Damages Estimates
Federal Appraisal & Consulting LLC provides consulting and appraisal services to individuals and companies suffering from business interruptions and damages from natural and man-made disasters and accidents. If the loss or diminution of the use of your real estate is causing a loss in business income and/or is reducing the utility or value of your real estate, then Federal Appraisal & Consulting LLC may be able to help you recoup your damages. Even tenants in damaged or reduced utility space can benefit from our services.
Consulting Services
Given our extensive experience and training, we are particularly well qualified to provide our consulting services. You may think of consulting as a service where we provide part of what may normally be provided in a standard appraisal report. For example, you may need financial modeling tools and/or the market data to be imported into the models. Likewise, you may need market rent data or yield rate data, which is something we normally collect in an appraisal report.
You may think of our consulting services as process-oriented, such as co-sourcing and outsourcing.
Perhaps you need support staff for your special real estate project. Perhaps you need market studies, feasibility studies, or economic impact studies. Our consulting services can help you with your corporate real estate acquisition, disposition, or site selection due diligence.
The list of possible consulting services that Federal Appraisal & Consulting LLC provides is nearly endless, because often the services include scopes better defined by you, the client.
List of Consulting Services
Arbitration/Mediation/Negotiation Services
Building Area Re-measurement Services
Capital Markets Support
Cash Flow & Income Forecasts
Corporate Real Estate Management Decisions
Damages Estimates
Development & Re-Use Studies
Due Diligence Services
Economic Impact Studies
Education & Training
Environmental Issues
Feasibility/Cost Benefit Studies
Geographic Information Systems (GIS) & Valuation Services
Highest & Best Use Studies
Inspection & Verification Services
Investment/Asset/Property Management Decisions
Land Utilization Studies
Litigation Support & Expert Testimony
Management Information System for Real Estate
Market Studies
Marketability Studies
Merger & Acquisition Valuation
Portfolio & Mass Appraisals
Presentations
Project Management
Real Property Tax Analysis & Appeals
Rent/Buy/Sell/Develop/Hold Decisions
Site Selection Services
Software Consulting & Training
Statistic Analyses
Tax Consulting
Unique Issues Valuation
Valuation Contractor Management Reviews
Valuation/Real Estate Study Reviews
Standard Appraisal Reports
Of course, Federal Appraisal & Consulting LLC provides all the standard appraisal reports and services, for whatever purpose and use, and whatever property type, location and issue our clients may have.
USPAP Compliant Reports
Full Narratives and Self-Contained Reports
Executive Summaries and Summary Reports
Letter Appraisals and Restricted Use Reports
Complete Analysis Appraisals
Agreed-upon Procedure and Analysis Appraisals, Client-Defined Scopes of Services Appraisals, Limited Appraisals, Appraisals prepared using the Departure Provision.
See our USPAP Compliant Reports pages for more information.
Government Form Reports and Government-Related Services
All Federal, State and Local Government Reports and Formats
HUD Form Appraisals
Appraisals for Property Tax Appeals
Condemnation & Eminent Domain
IRS
SEC
GSA
See our Government pages for more information.
See our Business Valuation/Asset Type and our Property Type pages for more .
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