Section 1.8

1.8. Leasehold Acquisitions.The government will sometimes acquire only a leasehold estate in all or a portion of a property, thus acquiring the right of use and occupancy of the property for an identified period of time. This section of the Standards will address the requirements for developing an appraisal for this purpose. 

  • Section 1.8.1 Market Rent and Highest and Best Use. As discussed in the income capitali...
  • Section 1.8.2 Leasehold Estate Acquired. It is critical that the client agency provide ...
  • Section 1.8.3 Larger Parcel Concerns. There are occasions when the government acquires ...