La. Admin. Code tit. 70 § XVII-557

Current through Register Vol. 50, No. 11, November 20, 2024

Section XVII-557 - Items Excluded from Appraisals (Formerly Section 517)

A. Typically, moving expenses of owners and tenants rightfully in possession of real estate are reimbursable in accordance with the Louisiana Relocation Assistance Law which provides for the reasonable expenses of moving personal property. The actual cost of moving expenses is provided by the relocation assistance officer for use of the property owners or tenants, and is not determined by the appraiser. Therefore, no moving expenses for personal property should be included within the appraisal report under normal circumstances.

B. The following items should be excluded from the appraisal report:

1. moving expenses for personal property;

2. estimated costs of relocations; or

3. adjustments or repairs of such items as public utilities, service connections for water, sewer, mobile homes, additions, etc., which will be caused by the required acquisition unless those costs are included within the Contract for Appraisal Services as "cost-to-cure" items.

La. Admin. Code tit. 70, § XVII-557

Promulgated by the Department of Transportation and Development, Office of Real Estate, LR 25:894 (May 1999), amended LR 29:2857 (December 2003), LR 33:1379 (July 2007).

AUTHORITY NOTE: Promulgated in accordance with R.S. 48:443.