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In contrast to a full appraisal report, an appraisal opinion is a factually sound assessment of only one individual aspect of an appraisal problem. More rarely, several issues are dealt with together, although in both cases there is no classification in a larger overall context. For example, the determination of the appropriate and legally permissible ground rent is also an appraisal opinion because the influence of the determined ground rent on the market value of the ground lease or the leasehold property does not take place (lack of classification in the overall context).
Our appraisal opinions are normally prepared in essay or letter form and are thus additionally distinguished from the more formalized full reports.