A noted in the previous edition of ...

A noted in the previous edition of "Environment and the Appraiser," (1) assignments involving contaminated properties, or properties that may be impacted by the agency of environmental contamination, often require specialized valuation [i]modus operandi[/i]s and techniques. The Appraisal Standards Board provides guidance upon this issue in Advisory Opinion 9 (AO-9), "The Appraisal of Real thing owned That May Be Impacted on Environmental Contamination," (2) which states that [e]stimating the tenors of environmental contamination on real wealth value usually involves the application of individual or more specialized valuation courses (AO-9, Lines 182-184). Like all rules for valuing real property, these systems and techniques must be derived