Pennsylvania Code
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT
Part III - Business Financing
Subpart C - Loans
Chapter 73 - PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY
Subchapter B - STATEMENT OF POLICY
ENGINEERING GUIDELINES
Section 73.147 - Checklist of requirements for a complete and comprehensive industrial appraisal
Universal Citation: 12 PA Code ยง 73.147
Current through Register Vol. 54, No. 44, November 2, 2024
(a) One independent appraisal by a member of the American Institute of Real Estate Appraisers or by a Pennsylvania-certified appraiser of an acquisition project is required. The appraisal should be of the "as is" property, and should not presume improvements thereto.
(b) Each appraisal must contain the customary certification, limiting conditions, appraiser's qualifications and an appraisal brief.
(c) The complexity of the appraisal depends on the size, value and complexity of the property.
This section cited in 12 Pa. Code § 73.6 (relating to licensed professional requirement).
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