Reso 2006-992 - Laserfiche WebLink

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ASSUMPTIONS AND LIMITING CONDITIONS This Appraisal Report has been made with the following general 'assumptions: I. No responsibility is assumed for the legal description or for matters including legal or title considerations, Title to the property is assumed to be good and marketable unless otherwise stated, 2, The property is appraised free and clear of any or all liens or encumbrances unless otherwise stated, 3, Responsible ownership and competent property management are assumed, 4, The information furnished by others is believed to be reliable. However, no warranty is given for its accuracy. 5, All engineering is assumed to be correct. The plot plans and illustrative material in this report are included only to assist the reader in visualizing the property, 6, If no survey has been furnished to the appraisers, all measurements have been confirmed either in the field, in the plat book or by other reliable sources and are presumed to be accurate, 7, It is assumed that there are no hidden or unapparent conditions of the property, subsoil, or structures that render it more or less valuable. No responsibility is assumed for such conditions or for arranging for engineering studies that may be required to discover them, 8, It is assumed that there is full compliance with all applicable federal, state and local environmental regulations and laws unless noncompliance is stated, defined and considered in the Appraisal Report. 9, It is assumed, unless a study has been provided otherwise, that no hazardous material such as asbestos, urea formaldehyde or other toxic waste exists in the property. The existence of a potentially hazardous material could have a significant effect on the value of the property, 10. In reference to proposed construction, the real estate taxes and other expenses are estimated. These amounts are not guaranteed. QUINLIVAN APPRAISAL 39