- (1) "Appraisal" means an unbiased analysis, opinion, or conclusion, prepared by a state-certified general appraiser, that estimates the monetary market value of an identified parcel of real estate or identified real property interest at a particular point in time.
- (2) "Broker price opinion" means an unbiased estimate of value of real property or an interest in real property prepared by a state-licensed real estate broker.
- (3) "Division" means the Division of Water Resources or the Board of Water Resources.
- (4) "Director" means the Director of the Division of Water Resources.
- (5) "Value" means an opinion of the worth of an identified parcel of real property or interest therein at a specific time and may be comprised of one or more of the following values: assessed value, insurable value, use value, investment value, going-concern value, business enterprise value, market value, and public interest value.
For purposes of this rule:
KEY: acquisition and disposal of real property interests
Date of Last Change: April 29, 2024
Authorizing, and Implemented or Interpreted Law: 79-2-403