Indian Land Tenure Foundation: Online Town Hall – Valuations: What’s the difference between an appraisal and a valuation?
November 29, 2022 @ 6:00 pm - 7:00 pm CST
Indian Land Tenure Foundation (ILTF) will host a one-hour Online Town Hall on Tuesday, Nov. 29 at 6 p.m. (Central Daylight Time) where participants will learn more about valutions. The Town Hall will last for approximately one hour. It is free but participants will need to register in advance.
Nearly every land transaction in Indian Country requires an appraisal of the land and/or its resources. The U.S. Department of the Interior (DOI) uses those appraised values in processing applications for sale, leases, rights-of-way, land exchanges, trespass, probate and other types of transactions. With a backlog of work that can cause an appraisal to take more than a year to complete, what alternatives do landowners have to reach their transaction goals? This primer will discuss the difference between valuations and appraisals, look at what a valuation means for the federal government and how it may benefit landowners moving forward.
As part of its online landowner resources series, ILTF has put together information for landowners on valuations and appraisals. Click here to access these resources.
Tim Hanson — Director of Appraisal and Valuation Services Office (AVSO) which provides valuation services for various government entities, including the Bureau of Indian Affairs (BIA).
Gregory Powell — Regional Supervisory Appraiser with the Department of the Interior (DOI).