Minnesota Administrative Rules
Agency 109 - Rural Finance Authority
Chapter 1653 - RESTRUCTURE II PROGRAM
Part 1653.0051 - APPRAISAL
Universal Citation: MN Rules 1653.0051
Current through Register Vol. 49, No. 13, September 23, 2024
The appraisal to determine appraised value must be completed by a person with knowledge of agricultural appraising that is approved by both the lender and the RFA. An appraisal must be completed in a manner approved by the appraisal industry and must contain comparable sales information. If comparable sales information is not available, either the cost approach or the income approach must be used.
Statutory Authority: MS s 41B.07
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