Laws
Regulations
Agriculture
7 U.S.C.A. § 1925 - Limitations on amount of farm ownership loans
Requires that real estate loans made by the Agricultural Credit program with the U.S. Department of Agriculture are based upon appraisals made by “competent appraisers”
7 U.S.C.A. § 1932 - Assistance for rural entities
Allows the U.S. Secretary of Agriculture to require that any appraisal made in connection with a business and industry loan be conducted by a specialized appraiser that uses standards that are similar to standards used for similar purposes in the private sector
7 U.S.C.A. § 1935 - Down payment loan program
Establishes a down payment loan program for qualified beginning farmers or ranchers and limits the amount of the down payment loan to 45 percent of the lessor of the purchase price, the appraised value, or $500,000.
Defense
10 U.S.C.A. § 2662 - Real property transactions: reports to congressional committees
Requires the Secretary of a military department or the U.S. Secretary of Defense to report to Congress prior to entering into various real estate transactions that exceed $750,000 in transaction value
Bankruptcy
11 U.S.C.A. § 327 - Employment of professional persons
Allows trustees in cases before the U.S. Bankruptcy Court to hire appraisers to represent or assist the trustee in carrying out the trustee’s duties under this title.
Banking
12 U.S.C.A. § 1463 - Supervision of savings associations
Requires the Comptroller of the Currency and the Federal Deposit Insurance Corporation to establish appraisal standards for savings associations that are no less stringent than those for national banks
12 U.S.C.A. § 1710 – FHA Mortgage Insurance – Disposition of Assets
Requires that appraisals for the disposition of REO assets of the Federal Housing Administration are based upon the market value of the property in “as-is” condition and based upon the asset being used as a residence
12 U.S.C.A. § 1715q - Delivery of statement of appraisal or estimates to home buyers
Requires FHA appraisals to be delivered to the purchaser of the property
12 U.S.C.A. § 1715z-22 - Multifamily mortgage credit programs
Requires appraisals for FHA multifamily mortgage credit programs to be completed by a Certified General Appraiser in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP)
12 U.S.C.A § 1715z-23. HOPE for Homeowners Program
Requires that refinanced mortgages in the HOPE for Homeowners Program are not to exceed 90% of the appraised value of the property and the appraisals must be done in accordance with USPAP and appraiser independence requirements
12 U.S.C.A. § 2018 – Farm Credit Loan Security
Provides that the amount of a real estate mortgage loan originated by a Farm Credit Bank, or in which a Farm Credit Bank participates in with a lender that is not a System institution, shall not exceed 85 percent of the appraised value of the real estate security, except if it is guaranteed by a federal, state, or other governmental agency in which case the loan may not exceed 97 percent of the appraised value, or if the loan is covered by private mortgage insurance. Also requires that the value of security shall be determined by appraisal under standards prescribed by the bank in accordance with regulations of the Farm Credit Administration.
12 U.S.C.A. § 2603 - Uniform settlement statement (Real Estate Settlement and Procedures Act)
Allows that the uniform settlement statement that is required to be provided for each consumer loan secured by real estate may include, in the case of an appraisal coordinated by an appraisal management, a clear disclosure of the fee paid directly to the appraiser by such company and the administration fee charged by such company
12 U.S.C.A. § 3331 et. seq. – Appraisal Subcommittee of the Federal Financial Institutions Examination Council (Title XI of the Financial Institutions Reform and Recovery Act, “FIRREA”)
Provides that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.
12 U.S.C.A. § 4103 - Appraisal and preservation value of eligible low-income housing
Outlines the requirements that must be utilized by the U.S. Department of Housing & Urban Development to determine the value of eligible low-income housing projects
Securities & Exchanges
15 U.S.C.A. § 77k - Civil liabilities on account of false registration statement
Allows the purchasers of financial securities to sue appraisers who make untrue statements of material facts or fail to state a material fact if the appraiser has consented to being named as having prepared or certified any part of the registration statement or as having prepared or certified any report or valuation which is used in connection with the registration statement.
Consumer Credit
15 U.S.C.A. § 696 – Small Business Investment Program; Loans to State and Local Development Companies; Loans for plant acquisition, construction, conversion and expansion
Requires an appraisal of the value of a parcel of real property that collateralize certain loans to state and local development companies within the Small Business Investment Program if the estimated value of the property is more than $250,000, or if the value of the property is less than $250,000 if the appraisal is necessary for the appropriate evaluation of creditworthiness.
15 U.S.C.A. § 1639e - Appraisal independence requirements (Dodd Frank Act)
Requires appraisals for consumer credit transactions to be done independently and free from outside influence
15 U.S.C.A. § 1639h - Property appraisal requirements (Dodd Frank Act)
Requires creditors to obtain written appraisals based upon physical inspections for certain higher risk mortgages; Requires second appraisals in certain circumstances; Requires creditors to provide consumers obtaining higher risk mortgages with copies of appraisals prior to closing
15 U.S.C.A. § 1691 - Scope of prohibition (Equal Credit Opportunity Act)
Requires creditors to furnish applicants with all written appraisals and valuations developed in connection with the applicant’s application for a mortgage loan free of charge and no less than 3 days prior to the closing of the loan
Conservation
16 U.S.C.A. 1 et. seq. – Conservation
Establishes the real estate appraisal requirements for various conservation programs administered by the U.S. Department of the Interior
Tax
26 U.S.C.A. § 170 - Charitable, etc., contributions and gifts
Requires taxpayers donating real property with a value of more than $5,000 to obtain a qualified appraisal from a qualified appraiser
26 U.S.C.A. § 6695A - Substantial and gross valuation misstatements attributable to incorrect appraisals
Establishes the monetary penalties that may be imposed on an appraiser who prepares an appraisal of the value of property for income tax purposes that contains a substantial and gross valuation misstatement
Veteran's Affairs
38 U.S.C.A. § 3731 - Appraisals
Outlines the requirements and processes that must be followed for real estate loans made by the U.S. Veteran’s Administration
Uniform Relocation
42 U.S.C.A. § 4651 - Uniform policy on real property acquisition practices (Uniform Relocation Assistance and Real Property Acquisition Act)
Outlines the appraisal policies and procedures to be utilized by federal agencies when acquiring Federal lands
Interior
43 U.S.C.A. § 1716 Exchanges of public lands or interests therein within the National Forest System
Outlines the requirements for appraisals for public land exchanges including that they be performed according to the Uniform Appraisal Standards for Federal Land Acquisitions
_________________________________________________________________________________
Regulations
Agriculture
7 C.F.R. § 761.7 – Farm Service Agency - Appraisals
Establishes the appraisal standards within the Farm Service Agency of the U.S. Department of Agriculture, including the Farm Loan Program.
7 C.F.R. § 762.127 – Farm Service Agency – Guaranteed Farm Loans – Appraisal Requirements
Establishes additional appraisal requirements for the Guaranteed Farm Loan Program administered by the Farm Service Agency within the U.S. Department of Agriculture. Requires that real estate loan transactions of greater than $250,000 are performed by an appraiser that possesses sufficient experience or training to estimate the market value of agricultural property. All real estate appraisals must be done in accordance with USPAP. Specifies that appraisals must be self-contained or summary reports.
7 C.F.R. § 763.14 – Farm Service Agency – Land Contract Guarantee Program – Appraisals
Specifies that the value of real estate within the Land Contract Guarantee Program will be established by an appraisal conducted in accordance with U.S. Department of Agriculture appraisal regulations
7 C.F.R. § 765.353 – Farm Service Agency – Direct Loan Servicing – Determining Market Value
Requires appraisals conducted in conjunction with a partial release of real estate security within the Farm Service Agency be done in accordance with U.S. Department of Agriculture appraisal regulations if the estimated value of the real estate is $25,000 or more.
7 C.F.R. § 1491.4 – Commodity Credit Corporation – Farm and Ranch Lands Protection Program – Program Requirements
Requires adherence to USPAP for the Uniform Standards for Federal Land Acquisitions within the Farm and Ranch Lands Protection Program
7 C.F.R. § 1942.3 – Community Facility Loans – Preparation of Appraisal Reports
Specifies the appraisal requirements to be utilized by the Rural Housing Service, Rural Business–Cooperative Service, Rural Utilities Service, and Farm Service Agency within the U.S. Department of Agriculture in relation to Community Facility Loans for properties for water and waste disposal systems.
7 C.F.R. § 1980.334 – Rural Housing Loans – Appraisal of Property Serving as Collateral
Specifies the appraisal requirements to be utilized by the Rural Housing Service within the Department of Agriculture for Rural Housing Loans. Requires the use of licensed or certified appraisers and specifies certain information that must be contained in appraisal reports.
7 C.F.R. § 1980.444 – Business and Industrial Loan Program – Appraisal of Property Serving as Collateral
Outlines the requirements for appraisals of property serving as collateral within the Business and Industrial Loan Program within the Department of Agriculture. Requires the use of independent qualified fee appraisers, except when the loan is less than $2 million in which case a qualified appraiser on the lender’s staff may be utilized.
7 C.F.R. § 3015.56 – Department of Agriculture – Appraisal of Real Property
Requires that the market value of land and buildings, or the faire rental rate of land or of space in a building, by agencies of the U.S. Department of Agriculture be done by an independent appraiser or a representative of the U.S. General Services Administration
7 C.F.R. § 3550.111 – Section 504 Program - Appraisals
Requires real property serving as collateral for a loan made via the Section 504 program of the Rural Housing Service that exceeds $15,000 to be appraised in accordance with USPAP
7 C.F.R. § 3550.62 – Rural Housing Service – Section 502 Program - Appraisals
Requires real property serving as collateral for a loan made via the Section 502 program of the Rural Housing Service that exceeds $15,000 to be appraised in accordance with USPAP.
7 C.F.R. § 3560.752 - 7 C.F.R. § 3560.753
Establishes the appraisal use, request, review, and release requirements for Direct Multi-Family Housing Loans and Grants administered by the Rural Housing Service with the U.S. Department of Agriculture
7 C.F.R. § 4279.144 – Rural Housing Service – Direct Multi-Family Housing Loans and Grants - Appraisals
Outlines that lenders making loans in the Rural Business-Cooperative Service program are responsible for ensuring that appraisal values adequately reflect the actual value of the collateral via a USPAP compliant appraiser performed by an appraiser that has the necessary experience and competency to appraise the property in question
7 C.F.R. § 4279.244 – Biorefinery Assistance Loans - Appraisals
Requires that appraisals conducted in relation to Biorefinery Assistance Loans within the Rural Business-Cooperative Service and Rural Utilities Service of the U.S. Department of Agriculture be self-contained appraisals performed by specialized appraisers.
7 C.F.R. § 4280.141 – Rural Energy for America Program - Appraisals
Requires that all loans made within the Rural Energy for America Program must be USPAP compliant appraisals. For loans of $600,000 or more, a complete self-contained appraisal by a specialized appraiser must be conducted. For loans of $600,000 or less, a complete summary appraisal may be conducted.
Banking
12 C.F.R. § 34.203 – OCC – Appraisals for Higher Priced Mortgage Loans
Contains the appraisal requirements for certain higher-priced mortgage loans that are made by financial institutions regulated by the Comptroller of the Currency
12 C.F.R. § 34.42 - § 34.47 – OCC - Appraisals
Establishes the appraisal requirements for federally related transactions entered into by financial institutions regulated by the Office of the Comptroller of the Currency
12 C.F.R. § 34.85 – OCC – Appraisal Requirements
Requires that financial institutions regulated by the Comptroller of the Currency obtain an appraisal or evaluation upon transfer of a property to the “Other Real Estate Owned” category
12 C.F.R. § 128.11 – OCC - Nondiscriminatory appraisal and underwriting
Prohibits financial institutions regulated by the Comptroller of the Currency from using appraisals that are discriminatory under the Fair Housing Act or the Equal Credit Opportunity Act
12 C.F.R. § 163.170 – OCC – Examinations and Audits; Appraisals
Grants to the Comptroller of the Currency the authority to order appraisals of real estate in conjunction with any examination or audit of a regulated savings association, affiliate or service corporation
12 C.F.R. § 160.172 – OCC – Re-evaluation of Real Estate Owned
Requires financial institutions regulated by the O.C.C. to obtain an appraisal of each parcel of real estate owned at the earlier in-substance foreclosure or at the time of the savings association’s acquisition of such property, and at such times thereafter as dictated by prudent management policy.
12 C.F.R. § 164.1 - § 164.8 – OCC - Appraisals
Establishes the appraisal and evaluation requirements to be utilized by financial institutions that are regulated by the Office of the Comptroller of the Currency
12 C.F.R. § 202.14 – Federal Reserve – Rules on Providing Appraisal Reports
Establishes the rules of the Federal Reserve System in relation to providing c0pies of appraisal reports to consumers as required by the Equal Credit Opportunity Act
12 C.F.R. § 225.61 – 12 C.F.R. § 225.67 – Federal Reserve – Appraisal Requirements
Establishes the Appraisal Standards for Federally Related Transactions that are regulated by the Board of Governors of the Federal Reserve System
12 C.F.R. § 226.42 – Federal Reserve – Valuation Independence
Establishes the valuation independence standards, including the requirements for the payment of reasonable and customary fees, applicable to institutions regulated by the Board of Governors of the Federal Reserve System
12 C.F.R. § 226.43 – Federal Reserve – Appraisals for Higher Priced Mortgage Loans
Specifies the appraisal requirements for certain higher-priced mortgage loans made by Federal Reserve regulated institutions, including the requirements for written appraisals and second appraisals in certain circumstances, and requires that creditors provide copies of all appraisal to consumers.
12 C.F.R. § 323.1 - 12 C.F.R. § 323.8 – FDIC – Appraisal Requirements
Establishes the appraisal requirements for federally related transactions entered into by financial institutions regulated by the Federal Deposit Insurance Corporation
12 C.F.R. § 390.143 – FDIC – Nondiscriminatory Appraisal and Underwriting
Prohibits the use of appraisals that discriminate on the basis of the age or location of the dwelling by financial institutions regulated by the FDIC, and requires that institutions have clearly written, non-discriminatory loan underwriting standards available to the public upon request
12 C.F.R. § 390.272 – FDIC – Re-evaluation of real estate owned
Requires that financial institutions regulated by the FDIC obtain an appraisal or evaluation upon transfer of a property to the “Other Real Estate Owned” category.
12 C.F.R. § 390.350 – FDIC – Examinations and Audits; Appraisals
Permits the FDIC to obtain appraisals in conjunction with periodic examinations and audits
of state savings associations.
12 C.F.R. § 390.440 - § 390.446 – FDIC – Appraisal Requirements (formerly OTS requirements)
Establishes the appraisal requirements for federally related transactions made by institutions regulated by the FDIC that were formally regulated by the Office of Thrift Supervision
12 C.F.R. § 390.447 – FDIC – Appraisal Policies and Practices of State Savings Associations and Subsidiaries
Establishes the minimum appraisal policies and practices that are to be employed by state savings associations that participate in the federal deposit insurance program
12 C.F.R. § 614.4240, 4245, 4250, 4255, 4260, 4265, 4266, and 4267 – Farm Credit System – Collateral Evaluation Requirements
Establishes the collateral evaluation requirements within the Farm Credit System
12 C.F.R. § 722.1 through § 761.7 – NCUA – Appraisal Requirements
Establishes the appraisal requirements for federally related transactions made by financial institutions regulated by the National Credit Union Administration
12 C.F.R. § 1002.14 – CFPB - Rules on providing appraisals and other valuations
Contains the CFPB rules regarding the provision of appraisal reports and other written valuations to consumers by creditors
12 CFR § 1026.42 – CFPB – Valuation Independence
Establishes the valuation independence standards, including the requirements for the payment of reasonable and customary fees, applicable to institutions regulated by the Consumer Financial Protection Bureau
12 C.F.R. Part 1102 – Appraisal Subcommittee – Operating Rules
Outlines the operating rules of the Appraisal Subcommittee regarding temporary waiver requests, non-recognition proceedings, access to and privacy of individually identifiable personal information,
Defense
32 C.F.R. Part 644 – U.S. Department of Defense – U.S. Army – Real Estate Handbook
Establishes various appraisal requirements to be utilized by various entities within the Department of Defense when leasing, acquiring, or disposing of real property.
33 C.F.R. § 211.4 – U.S. Army Corps of Engineers – Acquisition of Land
Establishes the appraisal requirements to be utilized by the U.S. Army Corps of Engineers when purchasing, condemning, transferring or leasing real property and interests therein for civil works projects.
Energy
10 C.F.R. § 611.101 – Department of Energy – Advanced Technology Vehicles Manufacturer Assistance Program – Application requirements
Requires that appraisals of property that will serve as collateral for a loan be done in accordance with USPAP and be performed by a licensed or certified appraiser
18 C.F.R. § 1306.2 – Tennessee Valley Authority – Uniform Real Property Acquisition Policy
Establishes the appraisal requirements for the Tennessee Valley Authority
Housing and Urban Development
24 C.F.R. § 81.43 – U.S. Department of Housing and Urban Development – Reports; Underwriting and Appraisal Guideline Review
Requires the U.S. Department of Housing and Urban Development to periodically review the appraisal guidelines of Fannie Mae and Freddie Mac to ensure that they are consistent with the Fair Housing Act
24 C.F.R. § 200.200 - § 200.206 – Federal Housing Administration – Appraiser Roster
Specifies the requirements for appraisers interested in being placed on the Federal Housing Administration’s Appraiser Roster
24 C.F.R. § 200.35 – Federal Housing Administration – Appraisal Standards – Non-Discrimination Requirements
Prohibits discrimination in the selection of appraisers on the basis of race, color, religion, national origin, sex, age, or disability and requires appraisers to certify that an FHA appraisal contain a statement that the racial/ethnic makeup of the neighborhood in no way affected the appraisal determination
24 C.F.R. § 200.810 – FHA – Lead Based Paint Poisoning Prevention
Requires FHA appraisers to inspect dwellings constructed prior to 1978 for defective paint surfaces.
24 C.F.R. § 203.15 – FHA – Certification of Appraisal Amount
Establishes the appraisal and underwriting requirements for single family mortgage loans insured by the FHA.
24 C.F.R. § 203.5 – FHA – Direct Endorsement Process
Establishes the appraisal requirements to be utilized as part of the FHA Direct Endorsement process
24 C.F.R. § 248.111 – HUD – Appraisal and Preservation Value of Eligible Low Income Housing
Establishes the appraisal requirements applicable to low income affordable housing project programs administered by the Federal Housing Administration, including a requirement that appraisers have six years of appraisal experience and three years of experience appraising multifamily properties.
24 C.F.R. § 257.114 – HUD – Hope for Homeowners Program - Appraisal
Requires that appraisals done in conjunction with the Hope for Homeowners Program be done by an appraiser on the FHA Appraiser Roster in accordance with USPAP.
24 C.F.R. § 266.642 – FHA - Appraisals
Requires the FHA to obtain an appraisal when actions taken by the FHA have the effect of the recovery of less than the face amount of the debenture held by the U.S. Department of Housing and Urban Development
24 C.F.R. § 3500.15 – RESPA – Affiliated Business Arrangements
Exempts relationships with appraisers that are hired by financial institutions to represent the institutions interest in a transaction from the rules and regulations applicable to affiliated business arrangements adopted according to the Real Estate Settlement and Procedures Act
24 C.F.R. § 4001.114 – HUD – Hope for Homeowners Program - Appraisals
Establishes the Eligibility Requirements and Underwriting Procedures within the Hope for Homeowners Program and requires that properties shall be appraised by an appraiser on the FHA Appraiser Roster in accordance with USPAP.
24 C.F.R. § 4001.403 – HUD – Hope for Homeowners Program – Prohibitions on Interested Parties in Insured Mortgage Transaction
Establishes appraiser independence requirements within the Hope for Homeowners Program
Interior
25 C.F.R. § 152.24 – Bureau of Indian Affairs - Appraisal
Establishes the appraisal requirements for certain trust or restricted land by the Bureau of Indian Affairs
25 C.F.R. § 162.211, § 162.322, § 162.422, and § 162.551 – Bureau of Indian Affairs
Outlines the various appraisal requirements for agricultural, business, residential, and wind and solar resource leases of Indian owned lands.
30 C.F.R. § 882.12 – U.S. Department of Interior - Appraisals
Requires appraisals of abandoned mine land that is designated for reclamation.
36 C.F.R. § 64.11 – National Parks Service – Project Performance
Establishes the appraisal requirements applicable to grants and allocations for recreation and conservation use of abandoned railroad rights-of-way within the National Park Service
36 C.F.R. § 223.222 – U.S. Forest Service - Appraisals
Requires the Chief of the Forest Service to determine the appraised value of special forest products. Valid methods to determine appraised value include, but are not limited to, transaction evidence appraisals, analytical appraisals, comparison appraisals, and independent estimates based on average investments. Special forest products must be sold at minimum rates or appraised value, whichever is higher.
36 C.F.R. § 230.8 – U.S. Forest Service – Acquisition Requirements
Outlines the appraisal requirements for appraisals performed in conjunction with the Community Forest and Open Space Conservation Program of the U.S. Department of Agriculture.
36 C.F.R. § 223.60 - 36 C.F.R. § 223.65 – U.S. Forest Service – Timber Sale Contracts – Appraisal and Pricing
Establishes the appraisal methods to be utilized by the U.S. Forest Service to determine fair market value for timber sale contracts.
36 C.F.R. § 254.26 – U.S. Forest Service - Appraisal
Requires that appraisals for National Forest Townsite transactions be done in accordance with the Uniform Standards for Federal Land Acquisitions.
36 C.F.R. § 254.42 – U.S. Forest Service – Valuation of Tracts
Establishes the appraisal requirements for the conveyance of certain small tracts by the U.S. Forest Service
36 C.F.R. § 254.9 – U.S. Forest Service - Appraisals
Establishes the requirements for minimum appraiser qualifications, determinations of market value, appraisal report standards, and appraisal review requirements for land exchanges entered into by the U.S. Forest Service.
43 C.F.R. § 11.83 – Department of the Interior – Damage Determination Phase – Cost Estimating and Valuation Methodologies
Establishes the appraisal requirements for Natural Resource Damage Assessments within the U.S. Department of the Interior.
43 C.F.R. § 30.167 and § 30.169 – Interior – Indian Probate Hearing Procedures
Establishes various appraisal requirements for purchase of real property using Indian Probate Hearing Procedures.
43 C.F.R. § 404.26, 43 C.F.R. § 404.41 - 43 C.F.R. § 404.46, 43 C.F.R. § 426.13 – U.S. Department of the Interior – Appraisal Investigation Requirements
These sections outline the appraisal investigation requirements to be utilized within the Reclamation Rural Water Supply Program of the Bureau of Reclamation within the Department of the Interior
43 C.F.R. § 2201.3 – 2201.3-4 – Bureau of Land Management – Appraisals; Appraiser Qualifications; Market Value; Appraisal Report Standards; Appraisal Review
Establishes the appraisal requirements for land exchanges by the Bureau of Land Management within the Department of the Interior.
48 C.F.R. 1437.7002 – U.S. Department of the Interior – Appraisal Services (Real Property)
Establishes the appraisal standards for all real property appraisals for condemnation purposes within the Department of the Interior
50 C.F.R. § 34.6 – 50 C.F.R. § 34.7 – National Wildlife Refuge System – Schedule of Appraisals
Requires that areas administered by the U.S. Fish and Wildlife Service be appraised at least once every five years in accordance with standard appraisal procedures in order to estimate the fair market value of each area.
Labor
29 C.F.R. § 2570.34 – U.S. Department of Labor – ERISA – Information to be Included in Every Exemption Application
Establishes various appraisal requirements within the Employee Retirement Income Security Act administered by the U.S. Department of Labor
Transportation
23 C.F.R. Part 710 – Federal Highway Administration – Right of Way and Real Estate
Outlines various appraisal requirements of the Federal Highway Administration regarding right-of-way acquisition, condemnation, and disposal
49 C.F.R. Part 24 - Uniform Relocation Assistance and Real Property Acquisition for Federal and Federally-Assisted Programs – Acquisition Procedures
Outlines the various appraisal requirements for the Uniform Relocation Assistance and Real Property Acquisition for Federal and Federally-Assisted Programs that are administered within the U.S. Department of Transportation
Veterans Affairs
38 C.F.R. § 36.4342 - § 36.4348 – U.S. Department of Veterans Affairs - Appraisals
Establishes the appraiser qualifications and appraisal requirements for loans guaranteed by the U.S. Department of Veterans Affairs
U.S. Postal Service
39 C.F.R. § 777.31 – U.S. Postal Service – Acquisition Procedures
Establishes the real property acquisition policies of the U.S. Postal Service.
Omnibus Federal Property Regulations
41 C.F.R. Part 102–73 – Federal Property Management Regulations – Real Estate Acquisition
Establishes omnibus appraisal regulations for all acquisitions of real property by purchase or condemnation by federal agencies
41 C.F.R. § 102–75.300 to § 102–75.320 - Federal Property Management Regulations – Real Estate Disposal
Establishes appraisal policies for all federal agencies to employ when disposing of surplus real property