The Printable Appraisal Form is a standardized document used in the Philippines for professional property valuation services. It is designed to comply with the requirements of the Real Estate Service Act (RESA Law), Bangko Sentral ng Pilipinas (BSP) guidelines, and Philippine Valuation Standards. This document is essential for various purposes including property sales, mortgage lending, insurance, tax assessment, and corporate asset valuation. The form incorporates all necessary elements for a comprehensive property valuation, including property identification, market analysis, valuation methodology, and value conclusion, while ensuring compliance with local regulatory requirements and international valuation principles.
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1. Appraiser Information: Details of the licensed appraiser including PRC license number, PTR, and contact information
2. Client Information: Details of the requesting party or client, including contact information and purpose of the appraisal
3. Property Identification: Complete details of the subject property including address, title details, tax declaration number, and property boundaries
4. Property Description: Physical characteristics of the property, including lot area, improvements, utilities, and current use
5. Neighborhood Analysis: Description of the immediate vicinity, developments, accessibility, and relevant external factors
6. Highest and Best Use: Analysis and determination of the property's optimal use
7. Valuation Approach: Methodology used for the appraisal (Market, Cost, or Income Approach) with justification
8. Market Data: Comparable properties and relevant market information used in the analysis
9. Value Adjustments: Detailed adjustments made to comparable properties to arrive at subject property value
10. Final Value Conclusion: Statement of the concluded market value with effective date of valuation
11. Certification: Professional certification and compliance statement by the appraiser
1. Income Analysis: Required when using the Income Approach for income-generating properties
2. Cost Analysis: Required when using the Cost Approach for properties with significant improvements
3. Environmental Conditions: Required when environmental factors significantly impact property value
4. Zoning and Land Use: Required when zoning restrictions or land use regulations significantly affect value
5. Special Assumptions: Required when the appraisal is based on specific extraordinary assumptions or limiting conditions
1. Photo Documentation: Photographs of the subject property and comparable properties
2. Location Plan: Maps showing the location of the subject property and comparable properties
3. Title Documents: Copies of relevant property ownership documents
4. Zoning Certificate: Copy of zoning certificate or land use classification
5. Building Plans: Relevant architectural or structural plans if applicable
6. Comparable Property Data: Detailed data sheets of comparable properties used in the analysis
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Banking and Finance
Insurance
Construction and Development
Government and Public Sector
Legal Services
Asset Management
Property Investment
Corporate Real Estate
Urban Planning
Relevant Teams
Real Estate
Valuations
Credit and Risk
Legal
Property Management
Asset Management
Investment
Operations
Facilities Management
Compliance
Documentation
Relevant Roles
Real Estate Appraiser
Property Valuer
Bank Credit Officer
Mortgage Officer
Real Estate Manager
Property Manager
Asset Manager
Insurance Underwriter
Real Estate Lawyer
Property Developer
Investment Analyst
Real Estate Consultant
Tax Assessor
Corporate Real Estate Manager
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