Subject


The rule amendments will do the following: clarify appraisal-related terms by adding or amending definitions; clarify the term of a private easement; create exceptions to costly appraisal requirements for single-family residential property owners and allow valuation of private easements by alternative methods; clarify the cost of private easements; adopt appraiser selection procedures for submerged lands easements; incorporate by reference the "Supplemental Appraisal Standards for Board of Trustees Land"; and make minor revisions to correct errors, update and clarify existing rules. Any rule section in chapter 18-21 may be opened if necessary to implement the objectives of this rulemaking.