• The Township of Wayne is seeking fair market value appraisals referred to as the “third appraisal” for single family residential properties that have contested the original appraisal. While there are approximately nineteen (19) single family, residential properties in the program, a third appraisal is only needed for these property owners in the program who have decided to contest the original appraisal. Therefore appraisals are on an as needed basis, assigned one at time, and will need to be completed within 2 weeks of notice to proceed. • Structures are all residential and vary in size from under 1,000 square feet up to approximately 3,000 square feet. • When background information, physical research material, and/or geographic criteria are identical, and if reports regarding said data can be replicated exactly, appraiser shall do so without additional cost to the Township. Whenever applicable, adjacent properties that have the same owner are to be counted as one report, with a breakdown of each parcel. • As each appraisal is completed, appraisals shall be provided in writing for each property, per Uniform Standard of Professional Appraisal Practice guidelines. • All appraisal services and reports are to be completed and turned in within two weeks of the Notice to Proceed by the Township’s Project Manager. Reports shall be submitted to the Project Manger as they are completed and not held until they are all complete. In the event that the project deadline cannot be met, the project may be extended by mutual agreement by both parties with adequate notice given to the Project Manager PRIOR to the two week deadline. • All appraisals must be prepared in the General Purpose Appraisal Report (GPAR) format. • All appraisals must be Uniform Standards of Professional Appraisal Practice (USPAP) compliant.
