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Tag Archives: OCC

How Did Environmental Contamination Become a Factor in the Appraisal World?

The Office of the Comptroller of the Currency (OCC) Handbook on Commercial Real Estate published in 2013 mandates that environmental contamination should be discussed and considered in real estate appraisals.  In the same year the OCC updates were published, the Appraisal Institute released a document providing guidance to appraisers for how environmental contamination should be…