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Form 870 North Carolina: What You Should Know
An appraisal of property must contain and be accompanied by the following: (1) The name of the appraiser, and the name, address and mailing address of the appraiser's principal place of business; (2) A complete set of all the appraiser's current appraisals; and (3) A copy of the appraisal agreement and completed appraisal cover page. (b) An appraisal, if not accompanied by these documents, must be accompanied by at least the following: (1) A completed appraisal agreement for all property appraised by the appraiser; (2) A copy of each appraisal agreement approved by the Appraisal Subcommittee of the Board and the prior approval of the Board, at the time the appraisal agreement was submitted; and (3) An affidavit (at the time of application) that the appraisal is accurate as to the property described in it and the records contained in the appraisal application and that the appraiser has not been involved in a practice, practice pattern or act that will cause the appraisal to be materially different from the appraisal furnished. Note: For information about the requirements for North Carolina, check the Board information page. Please Note: You must make a copy of the completed appraisal agreement available to the Board. In doing so, a copy will be included in the record. Please click here for instructions on creating a printed certificate of ownership for an application. Pursuant to Section 8(3)-6 of the North Carolina General Statutes, it shall be a condition of the Appraiser's license that he/she not be involved in a practice pattern that is likely to result in serious physical harm to the public or damage to the public health or safety.
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