Session 3 of the Anatomy of a Land Transaction series will provide land trusts and conservation professionals with practical guidance on how to scope, select, and manage appraisals for land acquisition and conservation projects. Participants will learn how to determine which type of appraisal—USPAP, Yellow Book, or others—is appropriate based on the intended use and funding sources of the project. The presentation will outline key distinctions between appraisal standards used by the IRS, CT DEEP, USDA-NRCS, and other public agencies.

We’ll also explore strategies for identifying and qualifying appraisers and appraisal reviewers, including key questions to ask and common red flags to avoid. A portion of the session will be dedicated to reviewing the core components of a credible appraisal report and what land trusts can look for to assess the strength of the valuation.

Presenters:

• Chris Kerin, Kerin & Fazio, LLC
• CLCC Staff

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