Yellow Book Appraisal - Maryland

Uniform Appraisal Standards for

Federal Land Acquisitions

Residential Appraiser

Trained by the Appraisal Institute in Yellow Book - Certified

Stephen Rochkind, SRA is a Yellow Book approved appraiser. For federal land acquisitions requiring Yellow Book Appraisals have another definition of Market Value. It is the amount in cash, or on terms reasonably equivalent to cash, for which in all probability the property would have sold on the effective date of the appraisal, after a reasonable exposure time on the open competitive market, from a willing and reasonably knowledgeable seller to a willing and reasonably knowledgeable buyer, with neither acting under any compulsion to buy or sell, giving due consideration to all available economic uses of the property at the time of the appraisal.

These Yellow Book appraisal standards have been prepared for use by appraisers to promote uniformity in the appraisal of real property among the various agencies acquiring property on behalf of the United States. It should make no difference to the landowner, whose property is being acquired, which agency is acquiring the land, or what method of acquisition it uses.

Yellow Book appraisals are required by local agencies when using funds provided.

Area Appraisal Services would be pleased to provide Yellow Book appraisal services to meet your needs.