HOUSE_OVERSIGHT_018815.jpg

1.76 MB
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Extraction Summary

0
People
8
Organizations
3
Locations
4
Events
2
Relationships
2
Quotes

Document Information

Type: Property appraisal report
File Size: 1.76 MB
Summary

This document is page 5 of a property appraisal report for the IGY American Yacht Harbor Marina, prepared by an appraisal firm (likely 'irr.'). The appraisal was conducted for the client, Banco Popular de Puerto Rico, to be used for commercial credit administration. The page outlines the various professional standards the appraisal adheres to (USPAP, RICS, etc.) and includes a declaration that the appraisers have not provided any services related to the property in the prior three years.

Organizations (8)

Name Type Context
Appraisal Institute
Source of 'The Dictionary of Real Estate Appraisal' and provider of professional standards for the appraisal.
Banco Popular de Puerto Rico
The client and intended user of the appraisal report for commercial credit administration.
American Society of Appraisers
Provider of professional standards (Principles of Appraisal Practice and Code of Ethics) that the appraisal conforms to.
RICS (Royal Institution of Chartered Surveyors)
Provider of professional standards (Valuation Professional Standards, RICS Red Book) that the appraisal conforms to.
IVSC (International Valuation Standards Council)
Provider of the International Valuation Standards that the appraisal conforms to.
irr.
Logo in the footer, likely the appraisal firm that authored the report.
IGY American Yacht Harbor Marina
The subject property of the appraisal, mentioned in the footer.
HOUSE_OVERSIGHT
Part of the document identifier in the footer, suggesting the document is from a House Oversight committee collection.

Timeline (4 events)

2010
Publication of 'The Dictionary of Real Estate Appraisal, Fifth Edition' by the Appraisal Institute.
Chicago, Illinois
An appraisal of the IGY American Yacht Harbor Marina was conducted for commercial credit administration.
IGY American Yacht Harbor Marina
irr. (appraisal firm) Banco Popular de Puerto Rico (client)
December 10, 2010
Issuance date of the Interagency Appraisal and Evaluation Guidelines.
June 7, 1994
Revision date of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA).

Locations (3)

Location Context
Location of the Appraisal Institute.
Location of the client, Banco Popular de Puerto Rico.
The subject property of the appraisal.

Relationships (2)

irr. (appraisal firm) Appraiser-Client Banco Popular de Puerto Rico
The document states that Banco Popular de Puerto Rico is the 'client and intended user' of the appraisal report prepared by the firm represented by 'We' and the 'irr.' logo.
irr. (appraisal firm) Appraiser-Subject Property IGY American Yacht Harbor Marina
The document is an appraisal of the IGY American Yacht Harbor Marina, conducted by the firm represented by 'We' and the 'irr.' logo.

Key Quotes (2)

"The intended use of the appraisal is for Commercial credit administration. The client and intended user is Banco Popular de Puerto Rico."
Source
HOUSE_OVERSIGHT_018815.jpg
Quote #1
"We have not performed any services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment."
Source
HOUSE_OVERSIGHT_018815.jpg
Quote #2

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