Document

The Art of Appraisals

Posted 2020 Reviewed June 17, 2022
Source
Land Trust Alliance
About This Document

In most cases when a land trust purchases land or a conservation easement, fair market value is established by an appraisal. The art of appraising conservation land can be complicated, and a land trust must make sure the appraiser is qualified to conduct this kind of appraisal. This document provides an overview of what is involved in an appraisal, how to find a qualified appraiser and pertinent questions to ask an appraiser.

Disclaimer

These resources are provided "as is" for informational purposes only, without warranty of any kind. They do not constitute legal or professional advice and do not create an attorney-client relationship. They may not reflect current legal developments and should be adapted for your organization with qualified professional help. The Alliance is not liable for any damages arising from use of or reliance on these resources. Views in individual posts and third-party links/logos are not Alliance endorsements. The Alliance is committed to equal opportunity and does not condone unlawful discrimination.

For accreditation-related materials, please also consult the Land Trust Accreditation Commission website.