WebI have noted in this appraisal report any significant adverse conditions (such as needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) discovered during the data collection process in performing the … WebIn all of the above contracts, the risk of adverse site conditions is placed with the contractor to the extent that it (or an experienced contractor) ought to have foreseen such conditions. In a number of these contracts, there is no …

FreddieMac - Single-Family

WebPrudent appraisal practice would have the appraiser requesting a copy of a survey from the homeowner, if available. If the appraisal notes a distance issue, it could be potential for contamination. If the appraisal notes any adverse site conditions, that may warrant further inspections or due diligence. WebIf a contractor cannot build what he has promised to build it is, on the face of it, in breach of contract. Accordingly, it is on the contractor to determine the potential ground risks or site conditions and price for them accordingly or to ensure that its tender is qualified sufficiently. As a general principle, parties to a construction ... gramercy capital group

What Lies Beneath – Ground Risk and Site Conditions - Fenwick …

WebAppraisers must be able to evaluate and report on how the nonconformity affects the value or the marketability of the subject property. When appraising a unique property, … WebBut the term is broadly interpreted with its definition varying from product to product and year to year. Generally speaking, the following are the most accepted definitions: 1.) An item collected or desirable due to its rarity, condition, utility or some other unique feature that is older than 100 years. Motor vehicles, in WebAdverse site conditions or external factors (i.e., extreme slope, erosion, sink hole, wetlands, substantial junk or trash, failing structure, easements, encroachments, … gramercy bridge louisiana