The appraisal shall be prepared in accordance with the current Uniform Standards of Professional Appraisal Practice (USPAP) by a State Certified General Real Estate Appraiser. The appraisal shall be a Self-Contained Appraisal Report, as defined by USPAP Standards Rule 2-2. The report shall contain the following and in this order: A. Title Page 1. Name of property owner. 2. Identification of property by street address, tax block(s) and lot(s), municipality and county. 3. Area of the property in approximate acres and/or square feet. 4. Interest being acquired. 5. Date of valuation. 6. Identification of appraiser (name, firm and address). 7. Project – Additions to Perrineville Lake Park B. Letter of Transmittal 1. Market value. 2. Date of valuation. 3. Appraiser’s signature, S.C.G.R.E.A. number and date signed. 4. Information pertinent to the report. C. Table of Contents 1. Reference required sections to specifically identified pages each consecutively numbered. D. Summary of Salient Facts & Conclusions 1. Type of property. 2. Location of property. 3. Purpose of appraisal. 4. Inspection date. 5. Valuation date...
