Appraisal Journal articles from January 1993

Appraisal Journal archives from January 1993

Understanding the unique aspects of hotel property tax valuation.
January 1, 1993... Association of New York City, Inc., 1986). 2. American Inst. of Real Estate Appraisers, The Appraisal of Real Estate, 9th ed. (Chicago: American Inst. of Real Estate Appraisers, 1987), 19. 3. American Inst. of Real Estate Appraisers, The...

Issues in the valuation of contaminated property.
January 1, 1993... Valuation of contaminated property poses a challenge to scientific and engineering knowledge, to economic analysis and appraisal methods, and to the very definitions of value that underlie our legal system. This article begins with a conceptual...

Impact of hazardous waste sites on property value and land use: tax assessors' appraisal.
January 1, 1993... Tens of thousands of abandoned and operating hazardous waste sites are expected to cost the United States $750 billion to remediate from 1990 to 2020.(1) More than 1,200 sites are considered sufficiently dangerous to be on the U.S. Environmental...

Market value and public value: an exploratory essay.
January 1, 1993... Touchstone: 1. a black siliceous stone related to flint and formerly used to test the purity of gold and silver by the streak left on the stone when rubbed by the metal. 2. a test or criterion for determining the quality or genuineness of a...

Appraisers and the credit crunch.
January 1, 1993... Beginning in January 1990, profuse ad hoc evidence has surfaced in the popular media professing the existence of a credit crunch in the United States.(1) The popular press has indicated that this credit crunch was partially responsible for the...

Value: more than ever, in your eye.
January 1, 1993... From the conversations going on in boardrooms and back rooms around the country, it is clear that the concept of market value needs yet another round of discussion by the committees of the Appraisal Institute. The problem with the usual...

Effective long-term capital gains tax rates under the Revenue Reconciliation Act of 1990.
January 1, 1993... In the past few years, Congress has passed increasingly complex tax statutes under the guise of tax reform. In many instances, taxpayers who, as a result of the publicity surrounding changes in tax law, anticipate a reduction in tax liability are...

Uniform standards of professional appraisal practice: implications for the financial community.
January 1, 1993... Appraisal reform, as the term is currently used, is of recent origin. In fact, changes occurring now in appraisal compliance and financial institution review are primarily the direct result of events since 1985. Of particular interest is the...

Rural credit markets and proposed changes in appraisal standards.
January 1, 1993... Real estate appraisal reform is an important component of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA). Title XI of the act requires that by 1992 real estate transactions that involve financing by a federally...

Appraisal management in today's regulatory environment.
January 1, 1993... This article explores the benefits of a staff appraisal department for a financial institution. Practical methods are suggested for structuring an appraisal department to best meet the institution's needs and to respond to the changed regulatory...

Integrating the equation-based and adjustment-based approaches to transactions evidence timber appraisal.
January 1, 1993... U.S. Department of Agriculture (USDA) Forest Service timber appraisers find themselves in a dilemma. Recent federal legislation and agency directives generally required that field units adopt transactions evidence appraisal (TEA) by October...