Revised Code of Washington
Chapter 79.15 - Sale of Valuable Materials.
79.15.055 - Appraisal—Defined.

RCW 79.15.055
Appraisal—Defined.

For the purposes of this chapter, "appraisal" means an estimate of the market value of valuable materials. The estimate must reflect the value based on market conditions at the time of the sale or transfer offering. The appraisal must reflect the department's best effort to establish a reasonable market value for the purpose of setting a minimum bid at auction or transfer. A purchaser of valuable materials may not rely upon the appraisal prepared by the department for purposes of deciding whether to make a purchase from the department. All purchasers are required to make their own independent appraisals.

[ 2004 c 199 § 214; 2003 c 334 § 309; 2001 c 250 § 10. Formerly RCW 79.01.082.]
NOTES:

Part headings not law—2004 c 199: See note following RCW 79.02.010.


Intent—2003 c 334: See note following RCW 79.02.010.

Structure Revised Code of Washington

Revised Code of Washington

Title 79 - Public Lands

Chapter 79.15 - Sale of Valuable Materials.

79.15.010 - Valuable materials sold separately.

79.15.020 - Duties of department.

79.15.030 - Rules or procedures for removal of valuable materials sold.

79.15.040 - Sale of valuable materials without application or deposit.

79.15.045 - Who may purchase—Fee.

79.15.050 - Type of sale—Direct sales.

79.15.055 - Appraisal—Defined.

79.15.060 - Date of sale limited by time of appraisal—Transfer of authority.

79.15.070 - Time and date of sale.

79.15.080 - Advertising sales of valuable materials.

79.15.090 - Advertisement for informational purposes only.

79.15.100 - Terms and conditions of sale—Exemption for forest biomass.

79.15.110 - Conduct of sales.

79.15.120 - Confirmation of sale.

79.15.130 - Bill of sale.

79.15.140 - Valuable materials contract—Impracticable to perform/cancellation—Substitute valuable materials.

79.15.150 - Reoffer.

79.15.210 - Findings—Damage to timber.

79.15.220 - Sale of damaged valuable materials.

79.15.300 - Contracts—Forfeiture—Royalties—Monthly reports.

79.15.320 - Road material—Sale to public authorities—Disposition of proceeds.

79.15.400 - License to remove firewood authorized.

79.15.410 - Removal only for personal use.

79.15.420 - Issuance of license—Fee.

79.15.430 - Removal of firewood without charge.

79.15.440 - Penalty.

79.15.500 - Contract harvesting—Definitions.

79.15.510 - Contract harvesting—Program established.

79.15.520 - Contract harvesting revolving account.

79.15.530 - Contract harvesting—Special appraisal practices.

79.15.540 - Intent—Contract harvesting—State trust forestland with identified forest health deficiencies.