43 CFR §2201.3-4
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Appraisal reports shall be reviewed by a qualified review appraiser meeting the qualifications set forth in § 2201.3-1 of this part. Statements of value prepared by agency appraisers are not subject to this review.
- (b)The review appraiser shall determine whether the appraisal report:
- (c)The review appraiser shall prepare a written review report, containing at a minimum:
- (1)A description of the review process used;
- (2)An explanation of the adequacy, relevance, and reasonableness of the data and methods used by the appraiser to estimate value;
- (3)The reviewing appraiser's statement of conclusions regarding the appraiser's estimate of market value; and
- (4)A certification by the review appraiser to the following: