USPAP Services USPAP describes two kinds of appraisal analysis and three kinds of appraisal reporting formats. Appraisal Analyses Complete Appraisals AKA:Complete Analysis Appraisals, Full Analysis Appraisals, Full AppraisalsIncludes:All applicable analyses and approaches to valueExample:Appraisals for mortgage underwriting at the federally insured bank Limited Appraisals AKA:Limited Analysis Appraisals, Appraisals prepared using the Departure Provision, Agreed-upon Procedure and Analysis Appraisals, Client-Defined Scopes of Services AppraisalsIncludes:Only those applicable analyses and approaches to value to that the client reasonably requestsExample:A cost analysis of an office building to determine insurable value for insurance underwriting Appraisal Reporting Formats Self-Contained AKA:Full Narrative Reports, Full NarrativesIncludes:Full descriptions throughout the appraisal reporting processExample:Appraisals for mortgage underwriting at the federally insured bank Summary Reports   AKA:Executive Summary ReportsIncludes:Summary descriptions of critical appraisal processesExample:Update Appraisals, Appraisals and Consulting for Tax and Audit Purposes Restricted Use Reports AKA:Letter AppraisalsIncludes:Lists critical appraisal processesExample:Acquisition or Disposition Due Diligence Support Appraisal and Consulting Services These appraisal analysis and reporting format types can be used for traditional appraisals of real estate, personal property or businesses, as well as for appraisal reviews, appraisal consulting, feasibility studies, market studies, mass appraisals, appraisals using automatic valuation models and others. USPAP Compliant Page

You may be pleasantly surprised to find that Federal Appraisal, LLC has standardized services and products tailored for professionals from specific disciplines and their needs. In particular, our firm is focused on services for attorneys and accountants. Nonetheless, we are uniquely qualified and fully capable of providing services for nearly any professional client type. It is strongly recommended that clients call us to discuss their particular needs for each project or issue, so that we may propose the most appropriate, cost-effective service or product. In addition to our standard appraisals, we are able to customize services and products for each client and engagement. Please see our other Services and Solutions pages. The following links list typical clients for Federal Appraisal LLC. Accountants Attorneys and Courts Government Agencies, Authorities, and Representatives Corporation and Businesses, Large and Small Investors and Property Managers Other Client Types Bankers and Loan Underwriters Capital Markets and Wall Street Participants Not for Profits and Others

Others & Not-for-Profits Federal Appraisal, LLC is uniquely qualified to serve. While we have attempted to list on our web pages the client types that we serve, we have not listed them all. It is strongly recommended that clients, who do not fall into a clearly defined category, call us to discuss their particular needs for each project or issue, so that we may propose the most appropriate, costeffective service or product. Insurance Companies Business Interruption Consulting, Damages Estimates Federal Appraisal, LLC provides consulting and appraisal services to individuals and companies suffering from business interruptions and damages from natural and man-made disasters and accidents. If the loss or diminution of the use of your real estate is causing a loss in business income and/or is reducing the utility or value of your real estate, then Federal Appraisal, LLC may be able to help you recoup your damages. Even tenants in damaged or reduced utility space can benefit from our services. Federal Appraisal also provides Insurable Value appraisals. Not-for-Profit Organizations Federal Appraisal has substantial experience servicing not-for-profit organizations. Their organizational structures impact their need for appraisal services. They have unique requirements for reporting to their boards and other oversight groups. They are cost sensitive. While real estate activities that they require assistance with often represent one of the most significant financial decisions of the organization, the real estate training, knowledge, and experience are beyond that of the best run not-for-profit organizations. Unfortunately, all too often, not-for-profit organizations wait too long before contacting real estate professionals or they’re not even aware that they can obtain assistance for their particular needs.

Capital Markets Federal Appraisal, LLC provides numerous due diligence and financial analysis services to the capital markets and CMBS securitization markets. We service performing, nonperforming, and sub-performing large portfolio and large value single asset transactions for securitization or bulk sales. Property types include office, retail, multifamily, land, industrial, hospitality, health care, franchise, and tripled net leased properties. Our services include: due diligence for buy-side and sell-side entitiesloan underwritingasset valuationmarket researchproperty inspectionsdatabase verification pricing, terms, and analysis comfort letter related servicesfairness opinionsprice analysis sensitivity analysis tax servicesproperty tax forecasting taxable income projections Management Consulting Issues and Solutions for Capital Markets The Rating Agencies Federal Appraisal, LLC provides user-defined scopes of services and agreedupon-procedures services relating to capital markets and securitization project, and various rating agencies. Securities and Exchange Commission (SEC) Federal Appraisal, LLC provides the real estate appraisals and valuation reporting support required by the SEC. See our SEC page for more information. Internal Revenue Service (IRS) Federal Appraisal, LLC provides the real estate appraisals and valuation reporting support required by the IRS. See our IRS page for more information.