{"data":{"id":"us/43-cfr-2201.3-4","jurisdiction":"us","citation":"43 CFR 2201.3-4","heading":"-4 Appraisal review.","body":"(a) Appraisal reports shall be reviewed by a qualified review appraiser meeting the qualifications set forth in § 2201.3-1 of this part. Statements of value prepared by agency appraisers are not subject to this review.\n(b) The review appraiser shall determine whether the appraisal report:\n(1) Is complete, logical, consistent, and supported by a market analysis;\n(2) Complies with the standards prescribed in § 2201.3-3 of this part; and\n(3) Reasonably estimates the probable market value of the lands appraised.\n(c) The review appraiser shall prepare a written review report, containing at a minimum:\n(1) A description of the review process used;\n(2) An explanation of the adequacy, relevance, and reasonableness of the data and methods used by the appraiser to estimate value;\n(3) The reviewing appraiser's statement of conclusions regarding the appraiser's estimate of market value; and\n(4) A certification by the review appraiser to the following:\n(i) The review appraiser has no present or prospective interest in the property that is the subject of the review report; and\n(ii) The review appraiser has not, and will not, receive compensation that was contingent on the approval of the appraisal report.","path":["Title 43—Public Lands: Interior","Subtitle B—Regulations Relating to Public Lands","CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR","SUBCHAPTER B—LAND RESOURCE MANAGEMENT (2000) Group 2000—Land Resource Management; General","PART 2200—EXCHANGES: GENERAL PROCEDURES","Subpart 2201—Exchanges—Specific Requirements"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-43.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:15Z","sha256":"acc45429b3eb34ef3b538b80fda08b878602a8e22d75d5d5e4f6c8d3e3dfc4d9","source_id":"us-cfr","stale":true,"prev":"us/43-cfr-2201.3-3","next":"us/43-cfr-2201.4"},"notice":"GroundRules: Original legal text. Not legal advice."}