Florida Regulations 40C-9.061: Appraisals
Current as of: 2024 | Check for updates
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(1) The District’s contract with non-staff appraisers shall substantiate that each appraiser has no vested or fiduciary interest in the property to be appraised, except for the professional fee.
(2) The District shall transmit all pertinent data to the appraiser regarding the assignment.
(3) Certified appraisals shall be reviewed by the District to ensure that they comply with the professional practice standards established in accordance with Florida Statutes § 475.628
(4) Appraisal information shall be presented to the Governing Board concurrently with the presentation of the proposed purchase agreement.
Rulemaking Authority 373.044, 373.113, 373.139 FS. Law Implemented 373.139, 475.628, 475.629 FS. History-New 6-15-82, Amended 7-30-01, 6-7-04, 7-5-15.
Terms Used In Florida Regulations 40C-9.061
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Fiduciary: A trustee, executor, or administrator.
(3) Certified appraisals shall be reviewed by the District to ensure that they comply with the professional practice standards established in accordance with Florida Statutes § 475.628
(4) Appraisal information shall be presented to the Governing Board concurrently with the presentation of the proposed purchase agreement.
Rulemaking Authority 373.044, 373.113, 373.139 FS. Law Implemented 373.139, 475.628, 475.629 FS. History-New 6-15-82, Amended 7-30-01, 6-7-04, 7-5-15.