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Printable Appraisal Form Template for Philippines

A comprehensive property valuation document compliant with Philippine real estate laws and regulations, particularly the Real Estate Service Act (RESA Law) and BSP guidelines. This standardized form captures detailed property information, market analysis, and value conclusions using accepted valuation methodologies. It serves as an official record of professional opinion of value, incorporating local market conditions, property characteristics, and applicable valuation approaches, while meeting both regulatory requirements and international valuation standards.

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What is a Printable Appraisal Form?

The Printable Appraisal Form is a standardized document used in the Philippines for professional property valuation services. It is designed to comply with the requirements of the Real Estate Service Act (RESA Law), Bangko Sentral ng Pilipinas (BSP) guidelines, and Philippine Valuation Standards. This document is essential for various purposes including property sales, mortgage lending, insurance, tax assessment, and corporate asset valuation. The form incorporates all necessary elements for a comprehensive property valuation, including property identification, market analysis, valuation methodology, and value conclusion, while ensuring compliance with local regulatory requirements and international valuation principles.

What sections should be included in a Printable Appraisal Form?

1. Appraiser Information: Details of the licensed appraiser including PRC license number, PTR, and contact information

2. Client Information: Details of the requesting party or client, including contact information and purpose of the appraisal

3. Property Identification: Complete details of the subject property including address, title details, tax declaration number, and property boundaries

4. Property Description: Physical characteristics of the property, including lot area, improvements, utilities, and current use

5. Neighborhood Analysis: Description of the immediate vicinity, developments, accessibility, and relevant external factors

6. Highest and Best Use: Analysis and determination of the property's optimal use

7. Valuation Approach: Methodology used for the appraisal (Market, Cost, or Income Approach) with justification

8. Market Data: Comparable properties and relevant market information used in the analysis

9. Value Adjustments: Detailed adjustments made to comparable properties to arrive at subject property value

10. Final Value Conclusion: Statement of the concluded market value with effective date of valuation

11. Certification: Professional certification and compliance statement by the appraiser

What sections are optional to include in a Printable Appraisal Form?

1. Income Analysis: Required when using the Income Approach for income-generating properties

2. Cost Analysis: Required when using the Cost Approach for properties with significant improvements

3. Environmental Conditions: Required when environmental factors significantly impact property value

4. Zoning and Land Use: Required when zoning restrictions or land use regulations significantly affect value

5. Special Assumptions: Required when the appraisal is based on specific extraordinary assumptions or limiting conditions

What schedules should be included in a Printable Appraisal Form?

1. Photo Documentation: Photographs of the subject property and comparable properties

2. Location Plan: Maps showing the location of the subject property and comparable properties

3. Title Documents: Copies of relevant property ownership documents

4. Zoning Certificate: Copy of zoning certificate or land use classification

5. Building Plans: Relevant architectural or structural plans if applicable

6. Comparable Property Data: Detailed data sheets of comparable properties used in the analysis

Authors

Alex Denne

Advisor @ GenieAI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Philippines

Publisher

GenieAI

Document Type

Evaluation Form

Cost

Free to use

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