Event Details

This document is page 3 of a property appraisal report dated December 15, 2015, prepared by a firm likely named 'irr' for Roberto A. Soltero of Banco Popular de Puerto Rico. It outlines extraordinary assumptions for the valuation of a 'subject property' in the U.S. Virgin Islands, noting a fueling dock and a parking garage that encroaches on government land. The appraisal relied on financial statements from the property's ownership to determine the value of personal assets.

This document is page 4 of a property appraisal report for the IGY American Yacht Harbor Marina, dated December 15, 2015. It outlines the purpose of the appraisal, which was to determine the market value of the property's leased fee (going concern) interest as of November 25, 2015. The page also provides formal definitions for key real estate and business valuation terms, including 'Market value', 'Leased fee interest', 'Lease', and 'Going-Concern Premise', citing sources like the Code of Federal Regulations and the Appraisal Institute.