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CLIENT: TY LIN INTERNATIONAL ASSOCIATED pR�►� RIGHT OF WAY PROJECT: 1-580 FOOTHILL ROAD INTERCHANGE SERVICES,INC. APPRAISAL SERVICES • Appraisal to be provided as one original with two copies addressed and delivered to Client staff as directed. Property rights to be appraised include a Permanent Footing Easement/Temporary Construction Easement. • Appraisal to be prepared in accordance with California Eminent Domain Law, California Government Code Section 7260 et seq., Uniform Standards of Professional Appraisal Practice requirements, except as jurisdictionally exempt, the Caltrans Right of Way Manual, and 49 CFR, Part 24. • The owner or a designated representative will be invited by the appraiser to accompany him/her during the inspection of the property. • Prepare appraisal report in a Summary Appraisal Report format in accordance with Uniform Standards of Professional Appraisal Practice, Standard Rule 2-2 (b). • The appraisal report will be completed within approximately 4-6 weeks upon receipt of Client's written authorization to proceed, adequate appraisal maps, preliminary title reports, and design plans. • Appraisal is for the "Fair Market Value" of the property as per CCP 1263.320. • The appraiser will issue the necessary public acquisition informational brochure to the owner. • The market value of the property taken will not include any increase or decrease in the value of the property that is attributable to any of the following: - The project for which the property is taken; - The eminent domain proceeding in which the property is taken; - Any preliminary actions of the acquiring authority relating to the taking of the property. • Appraiser will not give consideration to, nor include in the appraisal, any allowance for relocation benefits of personal property. • The appraiser will work directly with the Review Appraiser. • The appraisal of real estate does not include business or goodwill analyses or conclusions. Any Loss of Goodwill valuations should be performed by others under direct contract to Client. • Updated values when requested. (Optional Service) • If revisions are made to the property requirements during the appraisal process or upon completion of the report appraisal time to address these revisions will be billed on an hourly basis in accordance with the ARMS Fee Schedule. (Optional Service) • Expert witness related services including preparation for and appearances at depositions, court, arbitrations / mediations, hearings, and testimony will be billed on an hourly basis in accordance with the ARMS Fee Schedule. (Optional Service) Page 2 of 8