• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

For Those Interested: New Edition Of The Uniform Appraisal Standards For Federal Land Acquisition

Status
Not open for further replies.

Mike Kennedy

Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
The Appraisal Foundation and the U.S. Department of Justice Announce New Edition of the Uniform Appraisal Standards for Federal Land Acquisitions

Washington, DC – January 18, 2017

The Appraisal Foundation, in cooperation with the U.S. Department of Justice, is pleased to announce the publication of the sixth edition of the Uniform Appraisal Standards for Federal Land Acquisitions, commonly known as the “Yellow Book.” The Yellow Book is promulgated by the Interagency Land Acquisition Conference for use by all agencies for federal land acquisitions.

The Yellow Book was developed to promote fairness, uniformity, and efficiency in the valuation of real property in federal acquisitions, with the twin aims of protecting the public interest and ensuring fair and equitable treatment of landowners whose property is affected by public projects.

The sixth edition of the Yellow Book contains essential improvements, including relevant new appraisal methodology and theory, new case law and federal requirements, and updates to maintain consistency with professional appraisal standards.

Additionally, the sixth edition has been restructured to provide clarity and readability, resulting in practical guidance for appraisers, attorneys, and the public.

John C. Cruden, Assistant Attorney General of the U.S. Department of Justice’s Environment and Natural Resources Division, said, “This new edition of the famed Yellow Book is the result of a collaborative effort across federal agencies to ensure fair and efficient determination of just compensation in federal acquisitions, and reflects the valuable contributions of the Conference agencies’ representatives. I commend this revised and improved up-to-date edition to everyone as an indispensable resource for the appraisal of property for all types of federal land acquisitions, and the foremost authority on real estate valuation in federal eminent domain.”

David S. Bunton, President of The Appraisal Foundation, said, “The Appraisal Foundation is pleased to have been chosen by the U.S. Department of Justice to partner on this project. We believe that housing both the Yellow Book and the Uniform Standards of Professional Appraisal Practice (USPAP) at the same entity makes a lot of sense.” He continued, saying, “We are pleased, too, with the new enhancements of the Yellow Book and its compatibility with USPAP. We believe this will be of great help to appraisers practicing in the area of federal land acquisitions.”

The Yellow Book is available for purchase from The Appraisal Foundation in both print and a new enhanced electronic format. The enhanced electronic version includes interactive links and enables users to navigate the document easily by using search functions. The print version will be available for sale in the near future. A free electronic version is also available on the U.S. Department of Justice website.

To learn more about the Yellow Book, click here. To purchase a copy of the enhanced electronic version, please visit the Foundation's store here. Print copies will be available for sale in the near future. To view or download the free electronic version, click here.
 

reviewbe

Sophomore Member
Joined
Oct 4, 2016
Professional Status
Certified General Appraiser
State
California
Been at this so long, I can remember when it was called the yellow pamphlet!!!
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks