[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-75.100]

[Page 141]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-75--REAL PROPERTY DISPOSAL--Table of Contents
 
Sec. 102-75.100  Who must appraise the real property?

    Executive agencies must use only experienced and qualified real 
estate appraisers familiar with types of property to be appraised when 
conducting the appraisal. When an appraisal is required for the purposes 
of disposing of surplus property by negotiation under Sec. 102-75.60(c), 
(d), or (e), contract appraisers that meet this same standard must be 
used. However, Executive agencies may authorize any other method of 
obtaining an estimate of the fair market value or the fair annual rental 
when the cost of obtaining such data from a contract appraiser would be 
out of proportion to the expected recoverable value of the property.