MoDOT will keep track of real assets acquisition and relocation support pursuits conducted by, or over the behalf of, an LPA to ascertain that these routines are conducted in accordance with provisions of state and federal regulations and directives.
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examine such equivalent cost information as are offered to estimate the cost new plus the current truly worth of the improvements (accrued depreciation).
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MoDOT and this information impose no prerequisite about the personnel of LPAs. On the other hand, it is recommended that agencies subscribe towards the MoDOT prerequisite for staff appraisers, which is:
The next standardized identification block shall be integrated for the entrance of your appraisal, with out deviation.
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Cost of acquisition as a result of condemnation, desire on authorized settlement or court docket awards, and court docket commissioner expenses.
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The report may point out that the highest and greatest use on the remaining realty is unchanged if a short clarification is necessary. Really should the acquisition bring about a transform in maximum and finest use or utilizes, the appraiser shall examine the new optimum and ideal use in depth commensurate While using the appraisal difficulty.
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