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<br />continuing education requirements. as necessary. for the State of Colorado and the Appraisal <br />Institute. My qualifications and resume is included in the addenda of this report. <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />7 <br /> <br />- <br /> <br />- <br /> <br />ASSUMPTIONS AND UMITlNG CONDITIONS <br /> <br />This appraisal report, the letter of transmittal and the certification of value are made expressly <br /> <br /> <br />subject to the following assumptions and limiting conditions and any special limiting conditions <br /> <br /> <br />contained in the report which are incorporated herein by reference. <br /> <br /> <br />I. The legal description and acreage furnished is assumed to be correct. No responsibility is <br />assumed for matters legal in character. nor is any opinion rendered as to title which is <br />assumed to be good and merchantable. All existing liens and encumbrances. if any. have <br />been disregarded as the property is appraised as though free and elear. under responsible <br />ownership and competent management. <br /> <br />2. The sketches and maps contained in this report arc included to help the reader in <br /> <br /> <br />visualizing the property and the appraiser assumes no responsibility for their accuracy. <br /> <br /> <br />No fonnal survey of the suhject property wa, made. and no responsibility is assumed for <br /> <br /> <br />such matters. <br /> <br />3. Infonnation or opinions furnished to the appraiser and contained in this report were <br /> <br /> <br />obtained Ii-om sources considered reliable and believed to be true and correct. No <br /> <br /> <br />responsibility lor accuracy of such items can he assumed. \ <br /> <br />4. The appraiser shall not divulge the material (evaluation) contents of the report, analytical <br /> <br /> <br />Hudings or conclusions. or give copy of the report lO anyone other than the client or <br /> <br /> <br />designee as specified in writing. except as may be required by the Appraisallnstilute or <br /> <br /> <br />the State of Colorado Board of Real Estate Appraisers. as they may request in contidence <br /> <br /> <br />lor ethics enforcement or approisal review. or by court oflaw or hody with the power of <br /> <br /> <br />subpoena. <br /> <br /> <br />5. No liability for legal matters is assumed and no right to testimony is included. Prior <br />arrangements Ii" court testimony is required. <br /> <br />6. The distribution of the total valuation in this report between the land and improvements <br /> <br /> <br />applies only under the existing program of utilization. The separate valuations tor land <br /> <br /> <br />and improvements must not be used in conjunction WIth any other appraisal and are <br /> <br /> <br />invalid if so used. <br /> <br />8 <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />- <br />