Administrative Determination of Value: This is not an appraisal and therefore there should be a commensurately lesser degree of investigation and analysis required. At a minimum, the property should be inspected and the preparer should secure basic comparable sales data. Sales verification and deed research should not be necessary. It is therefore anticipated that this format can be completed in an abbreviated time frame, in order to permit accelerated negotiations. It should be noted that owner accompaniment is not required, but may be accommodated by the preparer/ valuer, depending upon the situation and time permitting. Source Section 24.102(c) of 49 CFR.

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