To obtain a loan.
		To lower your tax burden.
		To establish the replacement cost of insurance.
		To contest high property taxes.
		To settle an estate.
		To provide a negotiating tool when purchasing real estate.
		To determine a reasonable price when selling real estate.
		To protect your rights in a condemnation case.
		Because a government agency such as the IRS requires it.
		If you are involved in a lawsuit.

Each report must reflect a credible estimate of value and must identify the following:

		The client and other intended users.
		The intended use of the report.
		The purpose of the assignment.
		The type of value reported and the definition of the value reported.
		The effective date of the appraiser's opinions and conclusions.
		Relevant property characteristics, including location attributes, physical attributes, legal attributes, economic attributes, the real property interest valued, and Non real estate items included in the appraisal, such as personal property, including trade fixtures and intangible items
		All known: easements, restrictions, encumbrances, leases, reservations, covenants, contracts, declarations, special assessments, ordinances, and other items of a similar nature.
		Division of interest, such as fractional interest, physical segment and partial holding.
		The scope of work used to complete the assignment.

In communicating an appraisal report, each appraiser must ensure the following:

		That the information analysis utilized in the appraisal was appropriate.
		That significant errors of omission or commission were committed neither individually nor collectively.
		That appraisal services were not rendered in a careless or negligent manner.
		That a credible, supportable appraisal report was communicated.