Because there are so many ways the "bundle" of rights to property can be divvied up, when you order an appraisal you might need a partial interest valuation and not even know it.
Typical instances when a partial interest valuation might be required.
Conservation easement donation
Appropriation/condemnation matters
Divorce or dissolution of a partnership
Various estate matters
Partial interests appraisal assingments are a specialty discipline that takes unique expertise and training. You can be assured that we at Vannatta Brothers are well qualified to deliver an accurate and credible value opinion of partial interest.