As with all our GP series forms, even the title is general purpose! Completely editable, any changes made here are reflected on all pages of the form (and vice-versus).

All our GP series forms come in both a legal size (depicted here) and a letter sized variant.

Borrower is clearly labeled as "if applicable", so that you can clearly leave it blank if you're performing a non-lending assignment, but can choose to include it for small primary lending assignments.

If the unit is tenant occupied AND subject to rent control it can be indicated here, since the Indicated Value by Income Approach will usually be less than if the unit is generating an income stream at market rent, thus possibly affecting the appraiser's overall Opinion of Value.

"Market Area" replaces "Neighborhood" as the descriptive term to describe the subject's immediate surrounding area and market. This term is more descriptive and more easily allows the reader to understand that a subject's "Market Area" may extend outside traditional "Neighborhood boundaries".

Expanded "Value type" fields allow you to easily explain if this appraisal is for "Market value" (most typical) or some other type of value, as well as if the value is current, retrospective, or prospective.

Clearly state which approaches were developed for this appraisal assignment. Checking a box in this section automatically clears the corresponding "not developed" check box at the top of each approach to value.

Having clearly stated "Intended Use" and "Intended User" fields helps to protect appraiser rights.

Client-centric forms are specifically designed for non-lending or alternate use assignments, but also work well for small primary-lending institutions.

Including the "Predominant Occupancy" block allows for better characterization of the type of occupancy and the vacancy levels in the Market Area than on the 1073.

Including "Change in Land Use" allows the appraiser to include information and comments about the land use and potential changes to the Market Area which could affect the Highest & Best Use.

Expanded "Market Area Comments" block allows better discussion and explanation of neighborhood and other market area characteristics, boundaries, and conditions in one large block. Note the user of "Market Area" again as the descriptive term instead of "Neighborhood".

Ground rent is included here as it is more likely with a condo that the project site may be leased land (rather than owned by the condo association legal entity), and rent paid to the actual owner of the 'dirt' may have an impact on value.

An expanded highest & best use section allows appraisers to more accurately discuss if the property is being used to it's fullest potential.

Because more extensive Hypothetical Conditions and/or extraordinary assumptions may be involved in a general purpose assignment, the "Actual Use" and "Use as appraised" data can provide better contrast and less ambiguity.

Two free lines here allow the appraiser to add their own custom "Site elements" and discuss them.

Quickly and easily describe comment site features with a check box.

Design (Style) is included to allow you to better describe the property.

Since Covenants, Codes, and Restrictions (CC&Rs) are more likely in a condo project and could affect marketability, they are included here.

Simplified "Project Comments" field allows you discuss what YOU feel is important in the assignment, instead of having to fill out fields simply because they are there.

As with all our GP series forms, our unique and consistent branding applies across all the pages and supporting addenda for the report. This makes for a more packaged and sleek look to your reports.

The entire GP series of forms from a la mode are designed and copyrighted in a way that allows any form vendor to reproduce them as they see fit!