Simonson Real Estate

JULY 10, 2020

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. The value may be the same as fee simple, but the interest is identified as a leased fee.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. The value may be the same as fee simple, but the interest is identified as a leased fee.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Dart Appraisal

APRIL 22, 2021

Therefore, the leased fee estate value is equal to the fee simple estate, but the property rights are appraised. Market value label should be leased fee estate for technical accuracy and consistency with appraisal industry standards and practice. Chicago: Appraisal Institute, 2015).

Tenants 67

Tenants Market Value Clients Landlords 67