| Date |
Text |
| 2020-02-11 12:09:55 | ADDRESS: 1007 N FLAGLER DR MASTER PERMIT: |
| | 20011283 |
| | |
| | NFIP REVIEW - APPRAISAL FOR SI/SD DETERMINATION |
| | |
| | REQUIREMENT - NFIP COMPLIANT APPRAISAL |
| | (MARKET VALUE OF THE STRUCTURE MINUS DEPRECIATION) |
| | |
| | CODES IN EFFECT: |
| | 2017 FLORIDA BUILDING CODE, 6TH EDITION W/2017 WEST |
| | PALM BEACH AMENDMENTS TO THE FLORIDA BUILDING CODE, |
| | CHAPTER 1 ADMINISTRATION |
| | FBC RE = FLORIDA RESIDENTIAL CODE 6TH EDITION 2017 |
| | CITY OF WEST PALM BEACH ORDINANCE NO. 4729-17 |
| | USPAP = UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL |
| | PRACTICE |
| | FEMA P-758 = SI/SD DESK REFERENCE |
| | |
| | CHRISTOPHER S. THROOP, C.B.O. |
| | BUILDING PLANS EXAMINER, PX3169 |
| | 1&2 FAMILY PLANS EXAMINER, SFP306 |
| | CONSTRUCTION SERVICES DIVISION |
| | TEL: 561-805-6726 |
| | FAX: 561-805-6676 |
| | E-MAIL: [email protected] |
| | |
| | 1ST REVIEW |
| | |
| | TYPE OF APPRAISAL: UNIFORM RESIDENTIAL APPRAISAL |
| | REPORT |
| | |
| | METHODOLOGY: CONVENTIONAL MARKET VALUE APPRAISAL |
| | (ANALYSIS OF COMPARABLE SALES) |
| | |
| | RESULTS: DENIED |
| | ADDRESS THE ATTACHED COMMENTS AND RE-SUBMIT |
| | |
| | 1. USPAP SR 2-2 (A) (I) REQUIRES APPRAISERS TO REPORT |
| | THE APPRAISALS INTENDED USERS. THE INTENDED USER ON THE |
| | SUBMITTED APPRAISAL IS THE CLIENT. NFIP REQUIRES THE |
| | CLIENT AND FLOODPLAIN MANAGER TO BE LISTED AS INTENDED |
| | USERS. |
| | |
| | 2. USPAP SR 2-2 (A) (II) REQUIRES APPRAISERS TO REPORT |
| | THE APPRAISALS INTENDED USE. THE INTENDED USE OF THE |
| | SUBMITTED APPRAISAL IS TO ESTABLISH MARKET VALUE FOR A |
| | RESIDENTIAL MORTGAGE. NFIP REQUIRES APPRAISALS TO |
| | SUPPORT A BUILDING PERMIT APPLICATION SUBJECT TO |
| | SIGNIFICANT IMPROVEMENT/SIGNIFICANT DAMAGE |
| | DETERMINATION UNDER NFIP REGULATIONS. |
| | |
| | 3. USPAP SR 2-2 (A) (V) REQUIRES APPRAISERS TO STATE |
| | THE TYPE AND DEFINITION OF VALUE. VALUE STATED IS |
| | MARKET VALUE BASED ON AN ANALYSIS OF COMPARABLE SALES. |
| | NFIP REQUIRES THE ACTUAL CASH VALUE OF THE BUILDING |
| | MINUS DEPRECIATION. |
| | |
| | 4. PROVIDE A NFIP COMPLIANT REPLACEMENT COST ESTIMATE |
| | (ACV) WITH DEPRECIATION FROM A RECOGNIZED COST |
| | ESTIMATING SERVICE SUPPORTED BY ADEQUATE DOCUMENTATION. |
| | |
| | 5. PROVIDE A COST BREAKDOWN OF PROPOSED WORK. |
| | FEMA P-758 DESK REFERENCE SECTION 4.4 |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| 2020-02-10 16:55:52 | RECIEVED APPRAISAL FOR REVIEW. CT |
