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The Lake Tahoe Basin: appraising in a heavily regulated market.
ABSTRACT
The existence of the Tahoe Regional Planning Agency (TRPA), and its associated rules and regulations, make the appraisal experience in the Lake Tahoe Basin extremely challenging. The TRPA has created value considerations that are unique and difficult to comprehend and apply. This article is a primer on some of the things the appraiser must become familiar with in order to perform an appraisal in a competent and professional manner.
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Appraisers should be prepared to do far more research for assignments in regulated areas. When public agencies are heavily involved, the appraiser needs to become familiar with the impact of ...
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