The Printable Appraisal Form serves as a standardized document for conducting professional property valuations in New Zealand. It is designed to meet the requirements of the Real Estate Agents Act 2008, Privacy Act 2020, and professional standards set by the Property Institute of New Zealand. The form is typically used by certified valuers and real estate professionals when conducting formal property assessments for various purposes, including sales, mortgages, insurance, or legal proceedings. It includes comprehensive sections for property details, market analysis, valuation methodology, and final value conclusions, ensuring consistency and professionalism in property appraisals across the New Zealand market.
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1. Property Identification: Basic details including property address, legal description, and ownership information
2. Client Information: Details of the person or entity requesting the appraisal, including contact information
3. Purpose of Appraisal: Statement of the intended use of the appraisal (e.g., market value assessment, insurance, mortgage)
4. Property Description: Physical characteristics of the property including size, construction, condition, and improvements
5. Location Analysis: Description of the neighborhood, amenities, and locational factors affecting value
6. Market Analysis: Overview of current market conditions and trends affecting the property
7. Valuation Methodology: Description of the approach(es) used to determine value
8. Value Conclusion: Final value estimate and effective date of valuation
9. Appraiser Certification: Professional certification, limitations, and assumptions
1. Environmental Considerations: Assessment of environmental factors or hazards, used when environmental issues are present or suspected
2. Zoning Analysis: Detailed analysis of zoning requirements and compliance, used for properties with complex zoning considerations
3. Income Analysis: Analysis of rental income and operating expenses, used for income-producing properties
4. Development Potential: Assessment of potential for future development, used for vacant land or properties with development opportunity
5. Heritage Considerations: Analysis of heritage status and restrictions, used for heritage-listed properties
1. Photograph Schedule: Collection of property photographs including exterior, interior, and specific features
2. Comparable Sales Analysis: Detailed analysis of comparable property sales used to support value conclusion
3. Site Plan: Diagram or plan showing property boundaries and improvements
4. Title Documents: Copies of relevant title documents and registered interests
5. Building Reports: Any relevant building inspection or engineering reports
6. Market Evidence: Supporting documentation for market analysis and trends
Relevant legal definitions
Market Value
Appraiser/Valuer
Subject Property
Effective Date
Property Title
Zoning Classification
Gross Floor Area
Net Lettable Area
Highest and Best Use
Comparative Market Analysis
Income Approach
Sales Comparison Approach
Cost Approach
Improvements
Encumbrances
Easements
Capital Value
Land Value
Rental Value
Outgoings
Certificate of Title
Resource Consent
Building Consent
Code Compliance Certificate
Leasehold Interest
Freehold Estate
Cross Lease
Unit Title
Mortgagee
Valuation Report
Appraiser/Valuer
Subject Property
Effective Date
Property Title
Zoning Classification
Gross Floor Area
Net Lettable Area
Highest and Best Use
Comparative Market Analysis
Income Approach
Sales Comparison Approach
Cost Approach
Improvements
Encumbrances
Easements
Capital Value
Land Value
Rental Value
Outgoings
Certificate of Title
Resource Consent
Building Consent
Code Compliance Certificate
Leasehold Interest
Freehold Estate
Cross Lease
Unit Title
Mortgagee
Valuation Report
Clauses
Property Identification
Client Authorization
Scope of Work
Purpose of Valuation
Privacy and Confidentiality
Methodology
Assumptions and Limitations
Professional Certification
Liability and Indemnification
Property Access
Information Disclosure
Fee Structure
Conflict of Interest
Data Protection
Copyright
Document Retention
Professional Standards Compliance
Disclaimer
Insurance Coverage
Third Party Reliance
Environmental Considerations
Heritage Protection
Valuation Basis
Terms of Engagement
Client Authorization
Scope of Work
Purpose of Valuation
Privacy and Confidentiality
Methodology
Assumptions and Limitations
Professional Certification
Liability and Indemnification
Property Access
Information Disclosure
Fee Structure
Conflict of Interest
Data Protection
Copyright
Document Retention
Professional Standards Compliance
Disclaimer
Insurance Coverage
Third Party Reliance
Environmental Considerations
Heritage Protection
Valuation Basis
Terms of Engagement
Relevant Industries
Real Estate
Banking and Finance
Insurance
Property Development
Construction
Legal Services
Government and Public Sector
Asset Management
Property Investment
Relevant Teams
Valuations
Real Estate Sales
Mortgage Lending
Property Management
Risk Assessment
Legal Compliance
Asset Valuation
Property Development
Investment Analysis
Relevant Roles
Property Valuer
Real Estate Agent
Mortgage Broker
Property Manager
Insurance Assessor
Bank Lending Officer
Property Development Manager
Asset Manager
Real Estate Consultant
Valuation Partner
Senior Appraiser
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